US Crypto Market Surpasses Global Spot Trading Milestone

The US crypto market has experienced significant growth in recent times, with the share of global spot trading on US exchanges nearly doubling in a year. According to data from Kaiko Research, this increase reflects more than just higher trading volumes; it indicates that traders are increasingly moving towards platforms that offer deeper liquidity.

This shift is increasing competition between offshore exchanges and the growing US crypto infrastructure. The Commodity Futures Trading Commission (CFTC) has approved perpetual futures markets for firms like Coinbase, challenging offshore dominance in derivatives trading.