Deribit’s Asia-Pacific head says traditional asset managers and family offices are increasing their crypto options allocations again
BIBIBI
AT A GLANCE
Some traditional asset managers and family offices have increased their crypto market allocations again, with individual transactions reaching tens of billions of US dollars.
Article
Traditional asset managers and family offices return to the crypto market, with individual options combination trades reaching tens of billions of US dollars
PANews reported on September 23 that Lin Chen, Deribit’s Head of Business Development for Asia-Pacific, posted on X that some traditional large asset management institutions and high-net-worth clients/family offices have recently increased their crypto market allocations again, with individual transaction sizes reaching tens of billions of US dollars. He said these institutions primarily use derivatives, especially options combinations, for allocation to manage position risk and exposure. These clients re-entered the market after approximately one year of waiting on the sidelines.
Lin Chen, Deribit’s Head of Business Development for Asia-Pacific, said that some traditional large asset management institutions and high-net-worth clients/family offices have recently increased their crypto market allocations again.
02
These institutions primarily use derivatives, especially options combinations, for allocation to manage position risk and exposure.
03
Individual transaction sizes reached tens of billions of US dollars.
04
The relevant clients re-entered the market after approximately one year of waiting on the sidelines.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Simply put, some traditional large asset managers and family offices have begun allocating to the crypto market again after waiting on the sidelines for approximately one year, commonly using combinations of options and other derivatives.
Why it matters to readers
This indicates that the institutional clients described in the source have resumed participating in the crypto market and are using very large options combination trades.
An option is a contract to buy or sell an asset in the future; combinations of derivatives can be used to manage position risk and market exposure.
Risks and unknowns
The source does not identify the specific participating institutions.
The source does not specify which crypto assets were involved in the transactions.
The source is solely a statement by Lin Chen on X; the specific transaction details were not further verified in the material.
Related Developments
Loading event timeline…
Related concepts
Family Office
This term is not in the glossary yet. Browse related concepts in the glossary.