New York, June 16, 2025: Spot Bitcoin ETFs now constitute 25% of the total Bitcoin spot market volume, according to a recent report from The Block's Data and Insights newsletter.
This marks a significant increase from 10% in October 2024, indicating a rapid shift in market share towards traditional finance infrastructure. The ratio previously peaked at nearly 30% about two weeks ago before stabilizing at the current level.
Bitcoin ETFs have become some of the most successful ETF launches in financial history, attracting billions in assets within their first year. These ETFs simplify access to Bitcoin, removing operational hurdles like custody and key management, making them appealing to both institutional and retail investors.
Tax reporting simplification and the elimination of counterparty risk are additional factors driving preference for ETF-based Bitcoin exposure. This is especially true given the history of failures in the cryptocurrency exchange industry. (Source: The Block's Data and Insights newsletter, Date: June 16, 2025)