Kaiko: The spot market share of US crypto exchage has risen from 8% to 15% in one year.

According to Mars Finance, data released by crypto data agency Kaiko on its X platform shows that the spot market share of US crypto exchage has nearly doubled in a year, rising from approximately 8% to 15%. Meanwhile, Bitcoin liquidity in the US domestic market is continuously improving, surpassing some offshore exchanges on multiple trading pairs. Analysts believe this change is primarily driven by factors such as ETF demand, institutional trading consolidation, and increased compliance and transparency.