Crypto Trading Activity Distribution: 85% in Futures, 11% Spot, 3% ETFs

IconCryptoNewsTerminal Staff03 Jul, 2024

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Crypto Trading Activity Distribution: 85% in Futures, 11% Spot, 3% ETFs

CryptoQuant CEO Jukyung Joo shared insights into the distribution of trading activities in the cryptocurrency market. According to Joo, 85% of Bitcoin trading occurs via futures, 11% through spot trading, and 3% via ETFs. This distribution contrasts with that of gold trading, where ETFs account for 98% of trades, and futures only 2%. Joo highlights the growing importance of ETFs in the crypto market, as they attract trading volume from gold ETFs. Despite the relatively small numbers at present, Joo emphasizes the potential significance of ETFs in shaping the future of cryptocurrency trading. This shift could potentially lead to increased institutional participation and wider adoption of cryptocurrencies.

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