According to @GreeksLive, fund managers managing several Separately Managed Accounts (SMAs) often face inconsistent execution prices and timing when trading large volumes of BTC. The introduction of Aggregated Request for Quote (RFQ) allows these managers to pool orders from multiple accounts, such as trading 480 BTC across seven accounts simultaneously, resulting in more uniform execution and potentially tighter spreads for all clients. This innovation can increase efficiency and reduce slippage for institutional crypto trading, directly impacting BTC market liquidity and execution quality (source: @GreeksLive).