ETFs vs Exchanges - who is bringing more #bitcoin and #Ethereum volume to the market?
Bitcoin ETFs are gaining traction in the U.S., generating $5–10B in daily volume on active days. Institutional demand is rising, no doubt BUT:
↪️ #Binance still leads the global BTC🟠 market with $10–18B peak daily volume, 29% of total.
↪️ Ethereum? Mostly exchange-driven. ETFs account for only 4% of ETH⚫️ volume. Binance dominates with 35% of global ETH spot trading, proving traders prefer liquidity and speed.
For #BTC and #ETH , institutions may turn to ETFs, but Binance remains the main volume driver! 🔶