Spot trading volumes on major centralized cryptocurrency exchanges (CEXs) dropped significantly—down roughly 22% in Q2 2025 to about $3.6 trillion, compared to $4.6 trillion in Q1 and $5.3 trillion in Q4 2024 CointelegraphAInvest. Despite bullish momentum in Bitcoin’s price, many traders shifted their activity toward derivatives markets, seeking hedging opportunities and leverage amid growing economic uncertainty CointelegraphCOINOTAG NEWS.
However, spot trading via Bitcoin ETFs continues to flourish. These ETFs are now estimated to account for 25% of global Bitcoin spot trading volumes, signaling a powerful shift toward more regulated and institutional participation AInvestRobbie News. For spot traders, this means a dual landscape: a traditional exchange environment with dwindling volumes, and a growing ETF-driven segment offering more regulated and accessible exposure.#BNBATH900 #HEMIBinanceTGE #FamilyOfficeCrypto $BNB
