Bitcoin Spot Trading May Continue Decline as ETFs and Derivatives Show Growing Interest in Q2 2025

Key Points

1. Spot trading volumes on centralized exchanges fell to $3.6 trillion in Q2 2025, a 22% decline from Q1 2025, with altcoin liquidity and trading activity also dropping.

2. MEXC and Bitget were exceptions, showing spot volume growth amid the general market decline.

3. Derivatives trading remained stable, with total volume at $20.2 trillion in Q2 2025, only a slight 3.6% decrease from Q1.

4. Bitcoin ETFs saw significant inflows, with BlackRock reporting a 370% surge in Q2 2025, contributing to a $17.8 billion global inflow in the first half of the year.

5. Bitcoin's price rebounded by 25% in Q2 2025, reversing a 12% decline from Q1, driven by ETF inflows and corporate adoption.

6. The altcoin market and exchange tokens faced continued pressure, with liquidity declines impacting performance.

7. The market outlook for Q3 2025 suggests subdued spot trading, stable derivatives activity, and sustained ETF growth.