Are the investment funds circulating in Bitcoin trading? Data says no star-news.press/wp

Data on the series shows that exchanges are still the main place for Bitcoin trading, with monitoring the size alone of the size of the investment funds circulating in the period.

The investment funds circulating in the United States for Bitcoin still represent only 13 % of the trading volume

In new mail In X, Cryptoquant has spoken to the Analysis Group on how to compare the used funds in the United States (ETFS) to exchanges when it comes to the volume of Bitcoin trading.

Immediate ETFS are investment compounds that allow investors to be exposed to BTC without having to own them. ETFS trades traditional platforms, so that investors who are not aware of the space of digital assets can easily invest in the currency through them.

Instant investment funds are relatively new in the sector, with approval from the United States at the beginning of last year. Before trading investment funds, investors had to use the encrypted currency exchange to buy BTC. Unlike the investment funds circulating in the circulating investment funds, exchanges usually deposit actual symbols to the buyer’s portfolio, which then they can choose to withdraw to the self -body.

For many traditional investors, mobility in cryptocurrencies and exchanges can feel arduous. The investment funds circulating in the traded investment funds provide a simpler road outside the series to Bitcoin, making it a direct competitor to exchanges.

Since its inauguration, the investment funds circulated in space quickly gained popularity, but one question arises: How do they accumulate against old stock exchanges? Below is a joint scheme by Cryptoquant that puts the Bitcoin trading volume of investment funds circulating in the United States compared to the main exchanges.

Looks like Binance has generally held the largest share of the volume | Source: CryptoQuant on X

As offered in the graph above, the Bitcoin Sot investment funds have usually seen the daily trading volume between $ 5 billion to 10 billion dollars in the past few months. This is a noticeable value, but it diminishes compared to what the encrypted currency exchange.

Binance, the largest platform in this sector, observes only $ 18 billion in peak days. In terms of the percentage of the trading volume that has been occupied since Donald Trump became an American president, Binance leads the market with a 34.69 % stake.

The trading volume dominance of the various exchanges since Trump's election | Source: CryptoQuant on X

In contrast, the investment funds circulated in the United States only contain the dominance of Bitcoin by 4.53 %. Crypto.com (20.11 %), bybit (6.45 %), and Mexc (4.62 %) are all advanced. Based on the data, the Analysis Company concludes that “exchanges remain the primary place for trading.”

A similar image appears when looking at the Spot investment funds for Ethereum, which was launched in the United States in mid -2014.

The volume dominance numbers related to ETH | Source: CryptoQuant on X

From the above chart, it is clear that Binance has made up 29.07 % of the total ETHEREUM trading volume, much before No. 13.08 % of the investment funds circulated in the United States. However, the gap here is closer to Bitcoin.

BTC price

Bitcoin has seen a 3 % decrease over the past 24 hours, which has increased to 108,500 dollars.

The price of the coin seems to have plummeted | Source: BTCUSDT on TradingView

Distinctive image from Dall -e, Cryptoquant.com, Chart from TradingView.com

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