CryptoQuant CEO: Bitcoin ETF trading will become more significant

CryptoQuant CEO Ki Young Ju suggested on X that while Bitcoin exchange-traded fund (ETF)-related trading isn’t all that significant right now, it’s playing a role in absorbing gold ETF trading volume, while becoming more important over time. For Bitcoin, the CryptoQuant CEO outlined that 85% of trading is in futures, 11% in spot trading and 3% in ETFs. That compares with gold where 98% of trading is in ETFs and 2% in futures.