The US cryptocurrency exchanges currently account for about 45% of the global BTC market depth

ChainCatcher message, Kaiko data shows that cryptocurrency exchanges available in the United States may play an important role in the spot ETF space, as these exchanges currently account for about 45% of the global BTC market depth. Throughout 2023, Kraken had the deepest average BTC order book, with a total buy and sell amount of $32.9 million. Coinbase ranked second, with an average depth of $24.3 million.