Coinbase International Exchange Tops $1B Daily Volume While Bitcoin ETF Volumes Surge 

Institutional crypto activity is ramping up with Coinbase’s international exchange and several spot Bitcoin exchange-traded funds seeing surges in daily volumes.  

Feb 22, 2024 - 01:50
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Coinbase International Exchange Tops $1B Daily Volume While Bitcoin ETF Volumes Surge 

On Feb. 20, the company’s CEO Brian Armstrong reported that Coinbase International Exchange continues to grow, hitting $1 billion in daily volume for the first time.

The exchange, which is based in Bermuda, offers crypto perpetual futures trading to professional non-US traders.

It was set up outside of the United States due to the ongoing war on crypto and legal battles. Armstrong added, “Would be great to see perpetual futures allowed in the U.S. market as well.”

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