Bitcoin trading fell to a record low of 16% over the weekend.
BTC's weekend trading volume was at a record low of 16% in 2024 due to spot Bitcoin ETFs. Spot ETFs have made trading more like traditional exchanges, which has reduced weekend activity. The extra liquidity from ETFs really boosted weekday trading volumes, especially during US market hours. The BTC and Ether ETFs in Hong Kong had a smaller impact than in the US when they first launched.