Singapore-based Crypto Exchange Bitget has seen a surge in institutional participation, with institutional traders now accounting for nearly 80% of September’s total volume, according to a report by Bitget in collaboration with blockchain analytics platform Nansen.
The report noted that institutional activity in Bitget’s Spot markets climbed from 39.4% of total volume on January 1 to 72.6% on July 30. Futures trading saw a more dramatic shift, with institutional market makers growing from just 3% of activity at the start of 2025 to 56.6% in late July.
The Learning Liquidity has been identified as a key measure of institutional crypto adoption, noting that Bitget’s order-book depth, spread and execution quality now match peers such as Binance and OKX on major trading pairs.
In financial markets, liquidity refers to how quickly and easily an asset can be traded without causing a significant change in its price.
Laser Digital and Fenbushi Capital led the institutional inflows into bitget, accounting for the majority of positive net flows to the exchange, according to Onchain data from Nansen.
In the first half of the year, Bitget averaged around $750 billion in monthly trading volume, with derivatives accounting for nearly 90%. According to the report, institutions account for nearly half of derivatives activity.
In comparison, Binance, the largest centralized crypto exchange, saw an increase in trading volume to $698.3 Billion In July from $ 432.6 billion in June, an increase of 61% month on month, data from Coingecko shows.
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The exchanges serve institutional investors
As institutional adoption of crypto accelerates throughout 2025, crypto exchanges are competing for market share in a variety of ways.
In January, Crypto.com announced a institutional trading platform Features more than 300 trading pairs and support for advanced trading strategies tailored to institutional investors, signing the company’s deeper push into Wall Street.
In September, Binance opened a “Crypto-as-a-service” platform For licensed banks, stock exchanges and brokers, which provide traditional financial institutions direct access to liquidity, futures and custody infrastructure.
OKX announced on October a Collaboration with Standard Chartered To launch a collateral-mirroring program in the European Economic Area, enabling institutional clients to store their crypto assets directly in the custody arm of Standard Chartered.
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