US Bitcoin Spot ETF Trading Volume Accounts for 10-15% of Global Centralized Exchange Volume

bitcoin ETF exchange for 2024-02-09 49

According to Foresight News, data from Unfolded reveals that the trading volume of US Bitcoin spot ETFs accounts for 10-15% of the total Bitcoin spot trading volume on global centralized exchanges. This represents only 3% of the total circulating supply of Bitcoin, or approximately 650,000 Bitcoins.

The relatively low percentage of Bitcoin spot ETF trading volume in the US compared to the global market highlights the potential for growth in this sector. As more investors become interested in cryptocurrencies and seek exposure to Bitcoin through ETFs, the trading volume and market share of US Bitcoin spot ETFs may increase in the future.

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