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<ul class="news-points">
 <li><strong>ETFs boost Bitcoin trading volumes post-approval, especially around the US market closes.</strong></li>
 <li><strong>Weekdays saw heightened BTC trading activity, contrasting with declining weekend volumes.</strong></li>
 <li><strong>Hong Kong’s ETF impact on Bitcoin volumes was subdued compared to the US, reflecting market dynamics.</strong></li>
</ul>
<p>The introduction of spot Bitcoin exchange-traded funds (ETFs) in the U.S. and Hong Kong has triggered a significant shift in Bitcoin’s market dynamics, particularly in terms of trading volumes and liquidity, according to a new analysis by Kaiko.</p>
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   <p lang="en" dir="ltr">Our latest Deep Dive is out now. <br><br>This week we examined the impact of BTC ETFs on the spot market structure. Check it out below <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/Tzc9fwZAty" target="_blank" rel="noopener noreferrer nofollow">https://t.co/Tzc9fwZAty</a></p>— Kaiko (@KaikoData) <a href="https://twitter.com/KaikoData/status/1806332512030818706?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 27, 2024</a>
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<p>The U.S. Securities and Exchange Commission’s approval of 11 BTC ETFs on January 11 marked a pivotal moment, followed by their launch the next day. Similarly, Hong Kong entered the market with approvals for Bitcoin and Ethereum ETFs in late April.</p>
<p>These developments have prompted a detailed analysis of how these financial products influence Bitcoin’s spot market structure. Research indicates a clear uptick in trading volumes across exchanges included i…</p>
<p>The post <a href="https://coinedition.com/bitcoin-etfs-drive-surge-in-u-s-trading-volumes-weekday-dominance/" rel="noopener noreferrer nofollow">Bitcoin ETFs Drive Surge in U.S. Trading Volumes, Weekday Dominance</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin ETFs Drive Surge in U.S. Trading Volumes, Weekday Dominance

Coin Edition

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