Coinbase International Exchange CEO Brian Armstrong announced on February 20 that the company reached $1 billion in daily trading volume for the first time. 🚀 The Bermuda-based exchange offers crypto perpetual futures trading to professional investors outside the US. Armstrong hopes perpetual futures will gain acceptance in the U.S. market as well. 🇺🇸

Additionally, newly launched Bitcoin ETFs in the US also have large trading volumes. Bloomberg analyst Eric Balchunas reported that 9 funds reached a total transaction volume of $2 billion on February 20. VanEck Bitcoin Trust (HODL), WisdomTree Bitcoin Fund (BTCW) and Bitwise Bitcoin ETF (BITB) also broke daily trading volume records. 📈