US Bitcoin exchange-traded funds (ETFs) have reached significant daily trading volumes, nearing $10 billion, indicating a shift in investor behaviors towards crypto. According to Julio Moreno from CryptoQuant, these ETFs have become pivotal for institutional investors’ exposure to Bitcoin, generating between $5 billion and $10 billion on active trading days, sometimes surpassing leading crypto exchanges. Despite Binance remaining the top exchange in terms of volume, US spot Bitcoin ETFs account for approximately 67% of daily Bitcoin spot trading volume on Binance. Additionally, institutional demand for BTC is increasingly evident, with US ETFs being a key component of the market's liquidity. However, Ether trading remains concentrated on exchanges like Binance, suggesting slower institutional adoption compared to Bitcoin. Inflows into Bitcoin ETFs totaled over $571 million recently, although they lag behind Ether ETF inflows, which surpassed $1.24 billion. The evolving ETF dynamics underscore their essential role in reshaping market liquidity and price movements, establishing ETFs as a fundamental access point for traditional investors into cryptocurrency markets.

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