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CEX crypto trading hits $2.7T in June amid SEC lawsuits, BlackRock Bitcoin ETF filing

Published 07/05/2023, 03:13 PM
Updated 07/05/2023, 05:00 PM
© Reuters.
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The combined spot and derivatives trading volume on centralized exchanges (CEXs) climbed 14.2% in June to $2.71 trillion, according to CCData’s monthly exchange report. Binance, Binance.US and Coinbase (NASDAQ:COIN) all saw their market share decline in the past month.

As per the report, the first rise in trading volume in three months was backed by BlackRock (NYSE:BLK)'s exchange-traded fund (ETF) filing and regulators’ complaints against crypto exchanges Binance and Coinbase in the United States.

Change in market share among major crypto exchanges in June 2023. Source: CCData

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