North America Crypto Volume Reaches $2.3 Trillion in One Year

North America Emerges as a Key Cryptocurrency Hub

  • North America recorded $2.3 trillion in cryptocurrency transactions from July 2024 to June 2025, making up 26% of global activity.
  • The surge is driven by favorable regulations and institutional trading strategies.
  • A peak transaction volume of $244 billion was noted in December 2024.

ETFs and Tokenization Fuel Market Growth

  • Spot Bitcoin ETFs have significantly impacted the market, with U.S.-listed ETFs holding over $120 billion in assets.
  • Tokenized real-world assets are expanding, with U.S. treasuries AUM growing from $2 billion to over $7 billion.
  • Platforms are introducing tokenized equities to diversify on-chain investments.
  • These assets are popular for collateral in DeFi, contributing to growth in major protocols like Aave.
  • North American markets experience more volatility, linked to institutional trading concentration.
  • Retail trading remains robust, with centralized exchanges handling trillions in user trades.