Core Insights - Bullish, an institutionally focused global digital asset platform, released its monthly metrics for November 2025, highlighting trading volume, average trading spread, and volatility for Bitcoin and Ethereum [1][2]. Trading Volume - Total trading volume for November 2025 was $80.8 billion, with spot trading contributing $75.3 billion and perpetual trading $2.7 billion [5]. - Bitcoin spot trading volume was $38.4 billion, while Ethereum spot trading volume was $14.1 billion [5]. - The trading volume for stablecoins was $18.4 billion, and other assets accounted for $4.4 billion [5]. Average Trading Spread - The average trading spread for spot trading in November was 1.94 basis points, while for perpetual trading, it was -0.13 basis points [5]. - The average trading spread for options was 1.34 basis points [5]. Monthly Average Volatility - The monthly average volatility for Bitcoin in November was 45%, while for Ethereum, it was 68% [5].
Bullish releases November 2025 monthly metrics
Businesswire·2025-12-04 11:45