🗽 U.S. a bigger-than-expected source of crypto trades, firm says

Bitwise Asset Management's appeal to the SEC over exchange traded fund (ETF) approval points to the high amount of crypto trades conducted in the U.S. Bitwise research estimates some 29% occurs in the U.S., coming in second behind Malta. Analysis of international and domestic exchanges shows U.S. exchanges are better regulated than popularly thought and are not plagued by artificial volume like international exchanges.