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Bloomberg
US exchanges handle about 29 percent of global Bitcoin trading — much more than previously thought because some unregulated rivals overseas are inflating their volumes, according to estimates from a firm working to create a crypto exchange-traded fund.
The US is the world’s second-largest domicile for exchanges by trading volume after Malta, Bitwise Asset Management found in a report.
The company filed the document with the Securities and Exchange Commission on March 20 as it seeks approval for an ETF.