Financial reports and data from US-based cryptocurrency exchanges and ETF providers

Global Crypto Trading Volume Rises 19% in July, Reaches $4.94 Trillion Amid Spot Ethereum ETFs

Aug 11, 2024, 07:35 PM

In July 2024, global cryptocurrency trading volume on centralized exchanges increased by 19%, reaching $4.94 trillion. This surge followed a four-month decline and was driven by the introduction of spot Ethereum ETFs in the United States and positive political developments. Additionally, the US spot crypto ETFs have reached nearly $6 billion in volume. The overall increase in trading volume reflects a growing interest in cryptocurrencies worldwide, with 617 million crypto HODLers.