Surge in ETH Trading Activity on Exchanges Amidst ETF Launch
CryptoNewsTerminal Staff24 Jul, 2024
Surge in ETH Trading Activity on Exchanges Amidst ETF Launch
Despite this, the ratio of ETH trading volume to BTC trading volume has increased from 22% to 41%, indicating increased trading activity in the ETH market. This suggests that the launch of ETH spot ETFs has not significantly impacted ETH trading volumes on centralized exchanges, but may have contributed to increased trading activity in the ETH market.