Bitcoin’s exchange volume surpasses ETF flows by 10 times—understanding its importance

Bitcoin’s daily trading volume stands at approximately 15.8 billion USD, dominating the ETF flow of around 1.7 billion USD. This stark contrast of nearly 10-to-1 illustrates the significant role of centralized exchanges in the current market landscape.

With ETFs contributing nearly 10% to Bitcoin activities, centralized exchanges amplify volatility while retail participation in Futures remains low. The rising NVT ratio at 28 suggests potential overvaluation risks, impacting Bitcoin’s price stability.