Traditional asset managers and family offices return to crypto market, with single options portfolio trades reaching billions of dollars

PANews reported on September 23 that Lin Chen, Head of APAC Business at Deribit, said in a post 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 single trades reaching billions of dollars. He said these institutions mainly allocate through derivatives, especially options portfolios, to manage position risk and exposure, and that such clients have re-entered the market after about a year of staying on the sidelines.