Yesterday saw more than $1.3 billion inflow into Bitcoin ETFs, setting a daily new high.
When looking at the total volume and comparing CEX and ETF volumes, we can see that ETF volume appears relatively low
While ETF volumes still appear modest compared to CEX volumes, ETFs play a pivotal role in driving CEX activity.
By shaping overall market sentiment, ETFs boost investor behavior and indirectly fuel volume across the crypto market.
Written by Darkfost