Quote Originally Posted by snake_in_the_ass View Post
Quote Originally Posted by monsterj View Post

Exactly, we provide a service(for the most part), and we buy and sell simultaneously, and if we can't get filled(with a guarantee), we aren't going to get exposed on the hedge or other side. The size of a decent block trade in oil or eurodollars would move bitcoin more than $300 bucks(millions of dollars of size), hence you can't really trade it like SPY, TSLA, or BAC, or commodities like WTI or Eurodollar.

I like the concept of crypto, but those huge bid/ask spreads aren't real, the risk is too high for big players.
Hedge funds are buying crypto through OTC firms. And you can buy in big volume too without much price disruption.
Big volume, how big? What hedge funds? Most legit HFs are outlawed via their LP investor agreements to invest in such instruments, not these fly by night HFs that raise 10MM from rich uncles and call themselves wall street.