Are ETFs Taking Over Bitcoin Trading Volume? Data Says No

On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs. US Bitcoin Spot ETFs Still Account For Just 13% Of Tradi...

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Are ETFs Taking Over Bitcoin Trading Volume? Data Says No

Source: Bitcoinist.com

On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs. US Bitcoin Spot ETFs Still Account For Just 13% Of Trading Volume In a new post on X, on-chain analytics firm CryptoQuant has talked about how the US spot exchange-traded funds (ETFs) […]