Crypto Trading Volumes Set To Overtake US Corporate Debt In 2018

Crypto Trading Volumes Set To Overtake US Corporate Debt In 2018

Global trading volumes in crypto assets are set to overtake those in the US corporate debt market, despite this year’s market setbacks, claims a report.

It is one of the findings in the fifth in a series of reports by research and intelligence house Satis Group, initiating coverage of the crypto asset class.

Extrapolating from historical trading data, Satis estimates 2018 trading volume for crypto will be at $7,300 billion ($7.3 trillion), $243 billion more than US corporate debt’s $7,056 billion ($7.05 trillion).

That is impressive given that we are still in the depths of the bear market, the bottom of which we may be finally witnessing. By way of further comparison, US Treasuries ($121 trillion) and US equities ($74 trillion) volumes tower over both US corporate debt and crypto trading (see bar chart below).

Nevertheless, the findings attest to the dramatic growth of the ecosystem developing around crypto in these still early days for the asset class.

Source: ETW News

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