Bitget, a leading cryptocurrency exchange (UEX), has been at the forefront of institutional crypto adoption, as evidenced by a new report from Nansen. The report highlights Bitget’s significant contribution to the market with $23.1 billion in trading volume – a key indicator of growing institutional presence. This growth is attributed to increased institutional spot trading (from 39.4% in January to 72.6% by July), and futures activity, with market makers increasing from 3% to over 56.6%. This trend aligns with record order-book depth and consistent spreads across major trading pairs like BTC/USDT, ETH/USDT, and SOL/USDT. The report also emphasizes Bitget’s consistent liquidity, boasting an Amihud illiquidity ratio of 0.0014 and a Roll spread estimate of 9.02 basis points.