📉 Bybit surpassed Coinbase in March to become the second largest cryptocurrency exchange worldwide, behind only Binance. 🌐 America's launch of the Bitcoin ETF increased Bybit's market share from 8% as of October 2023 to 16% by March. 📊 During the same period, Coinbase was up just 1%. Bybit saw significant growth after Binance was sued by the US Trade Commission. Bybit attracted more users with low transaction fees and increased derivatives products.