Bitcoin Liquidity Surges On US Crypto Exchanges
Bitcoin liquidity is experiencing a significant shift, particularly in US crypto exchanges, due to the introduction of exchange-traded funds (ETFs).
This shift has reshaped investor sentiments and market behaviors, and comes amid a bullish market on the crypto segment.
A recent report by Kaiko highlights the dominance of US-based crypto exchanges in facilitating Bitcoin trades, particularly since the introduction of U.S. Bitcoin Spot ETFs.
The surge in liquidity is crucial for enhancing the efficiency of trading operations and ensuring smoother execution of orders without significant price fluctuations.
The debut of nine U.S. Bitcoin ETFs and the transformation of Grayscale Bitcoin Trust into an ETF have catalyzed a significant influx of approximately $5 billion in investor funds since its launch on January 10.
(With inputs from Shikha Singh)
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