Discover how Asia-Pacific outperforms America and Europe in Bitcoin retail trading. Learn about the impact of ETFs and improved investor awareness.
According to a joint report by Gemini exchange and Glassnode analytics, the Asia-Pacific region has surpassed America and Europe with a 6.4% annual growth in Bitcoin (BTC) retail trading volume since December 2022. Meanwhile, America and Europe have experienced declines of 5.7% and 0.7% respectively during this period. Analysts believe the launch of Bitcoin exchange-traded funds (ETFs) in America in January 2024 has played a significant role in this trend, creating new opportunities for retail and institutional investors. Improved public understanding of this asset and investor maturity have also been influential factors in this shift.
