Below are a few of the key points and statistics Bobby shared about the current OTC market and itBit's Global OTC Agency Trading Desk:
- Average daily trading volume on itBit's OTC desk is 1,000-1,500 XBT and has grown 140% week-over-week since launching in June.
- itBit OTC volume alone is greater than the volume on over 80% of digital currency exchanges worldwide.
- Bobby speculated that daily bitcoin OTC volume is roughly 50%-75% of total exchange volume. This is a strong indication that total bitcoin trading volume is underreported.
The full 17-minute podcast is provided below. Bobby's five-minute segment starts at the 9:15 mark:
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