Virtu Financial: Overperformance With Clear Ethereum Catalyst
Virtu Financial(VIRT) Seeking Alpha·2024-07-19 21:24
Torsten Asmus Virtu Financial Overview Virtu Financial (NASDAQ:VIRT) had an overperformance reported yesterday. Volatility and volumes are down, so there was some decline to be expected, but they managed growth. In particular, some outperformance came from the fact that VIRT is levered to volumes and trade in crypto which are up YoY as the risk-on environment came back as well as the launch of institutionally supported crypto exchange-traded products. This is likely also where some of the short interest com ...