Investors Over-Indexing on Spot Bitcoin ETFs

US Bitcoin ETFs Account for Only 10-15% of Global Trading Volume, Reports Show

Excitement within the crypto industry has been soaring ever since the US Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. However, recent data reveals that these US-based ETFs make up just a small fraction, 10 to 15%, of the total Bitcoin spot trading volume observed across global centralized exchanges. Furthermore, these ETFs also account for a mere 3% of outstanding Bitcoin supply, equivalent to approximately 650,000 Bitcoin.