Are dark pools useful in illiquid cryptocurrency markets?
Could you elaborate on the potential usefulness of dark pools in illiquid cryptocurrency markets? Given the volatility and lack of liquidity in some crypto assets, do dark pools provide a viable solution for traders seeking to execute large orders without significantly impacting market prices? Are there any specific advantages or disadvantages to utilizing dark pools in this context? Would you argue that dark pools enhance or hinder the overall efficiency of these markets? Lastly, how do you envision the role of dark pools evolving in the future of cryptocurrency trading?