On-chain data access via traditional brokers for BTC derivatives?
Been looking into expanding our BTC derivative exposure and a point of friction keeps coming up with traditional brokers. While they're generally solid on regulatory compliance and deep liquidity for their listed products, getting meaningful on-chain data streams integrated for analysis directly through their platforms is often non-existent or ridiculously expensive if you try to custom-build it. It forces a multi-platform setup, which adds latency and introduces potential reconciliation issues. Wondering if anyone has found a broker/prime solution that offers robust institutional-grade derivative trading alongside native, integrated access to key on-chain metrics, rather than having to piece together third-party APIs. Or are we still stuck building bespoke middleware for this kind of convergence?
It's almost as if traditional brokers prefer to keep a tight leash on the data, ensuring we can only see what they want us to see. Perhaps they're worried we'd find something interesting without their 'expert' guidance.