The European market maker, Flow Traders, has reported impressive results for the second quarter of 2024, with net trading income reaching €79.5 million and total revenue at €76.2 million. Despite total operating expenses amounting to €55.2 million, the company managed to achieve a net profit of €12.8 million. By the end of the quarter, Flow Traders' trading capital stood at €624 million, showcasing a 56% return on trading capital. CEO Mike Kuehnel stated that the company will continue to deepen its collaborations within both TradFi and DeFi ecosystems while actively seeking new partnerships to facilitate the widespread adoption of digital assets. Notably, Flow Traders has been involved in Germany's government BTC sale project and is one of the main market makers for the 21 Shares Ethereum spot ETF.