CoinMENA, a regulated crypto broker in the UAE and Bahrain, saw record-high crypto trading volume in February 2024, driven mainly by institutional investors. CEO Talal Tabbaa notes a growing interest from retail investors but highlights institutional dominance. Philippe Bekhazi of XBTO Global confirms increasing institutional interest in digital assets. Tabbaa emphasizes a supply-demand squeeze as ETFs buy up Bitcoin, foreshadowing a potential surge as the halving approaches.
