Bitget’s TradFi arm recorded a surge to $4B in daily trading volume on january 21, up from about $2B on january 8. The jump reflects a rapid shift of crypto-native traders into traditional markets, driven by demand for multi-asset exposure and event-driven strategies.
The $4B peak on January 21 followed a doubling from roughly $2B two weeks earlier, signaling concentrated inbound flows rather than a gradual ramp. Gold CFD (XAUUSD) emerged as the single most actively traded instrument on the platform, with volume spikes aligned with macro headlines.
Other traditional instruments that saw increased engagement included FX pairs, global indices and a range of commodities.
The move matters because it shows traders using crypto-native execution and liquidity to access legacy instruments quickly — with gold CFD activity leading the flows, according to company data.
The expansion ties back to Bitget’s Universal Exchange (UEX) model, which consolidates access to traditional assets and tokenized instruments under one account. The UEX model gives users consolidated execution across more than 79 traditional financial assets and over 100 tokenized stocks and ETFs, while the platform also markets access across about 150 regions.
Platform design and breadth driving the shift
Bitget’s pitch — low fees, broad liquidity and a single-account workflow — explains much of the behavioral change. For crypto treasuries and active traders, the key operational draw is the ability to pivot rapidly between spot crypto, tokenized equities and FX/commodities without moving capital across multiple venues.
That said, the rapid migration raises practical risk questions: whether the liquidity backing these TradFi products is as deep during stressed sessions, how custody and settlement operate across tokenized instruments, and whether concentrated trading in a small set of macro instruments could amplify intraday volatility on the platform.
For traders and institutional treasuries, the immediate implication is tactical: integrating macro hedges and traditional instruments into crypto trading stacks becomes operationally easier, but it also requires renewed attention to margining, counterparty and settlement mechanics that differ from pure crypto venues.
Investors will now watch whether the $4B daily volumes hold beyond headline-driven windows and how effectively Bitget’s UEX model scales tokenized stock and ETF distribution. Sustained flows would test the platform’s liquidity and custody arrangements; a pullback would shift the debate back to episodic, event-driven trading rather than persistent multi‑asset migration.
