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TechFlow news, according to data from Kaiko, U.S.-available cryptocurrency exchanges may play a significant role in the spot ETF space, as these exchanges currently account for approximately 45% of global BTC market depth.
Throughout 2023, Kraken had the deepest BTC average order book, with total buy and sell orders amounting to $32.9 million. Coinbase ranked second, with an average depth of $24.3 million.
According to data from Kaiko, U.S.-available cryptocurrency exchanges may play a significant role in the spot ETF space, as these exchanges currently account for approximately 45% of global BTC market depth. Throughout 2023, Kraken had the deepest BTC average order book, with buy and sell totals reaching $32.9 million. Coinbase ranked second, with an average depth of $24.3 million.
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