Markets
Share this article

Bitcoin Revenue in April Represents $3B a Year, ETC Group Says

ETC's first industry report also shows second-quarter Ethereum transaction volume increased more than 2,000%.

By Sheldon Reback
Updated Sep 14, 2021, 1:39 p.m. Published Aug 12, 2021, 10:39 a.m.
jwp-player-placeholder

ETC Group, which in June launched the first bitcoin exchange-traded product (ETP) in the U.K., said the cryptocurrency generated an annualized $3 billion of revenue for miners in April.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

  • ETC's first report on the industry also shows transaction volumes on Ethereum increased more than 2,000% in the second quarter to $777.1 billion, up from $36.1 billion a year before, the company said.
  • Volumes on the decentralized exchange surged to $283.8 billion from $3.4 billion.
  • The bitcoin revenue figure is calculated from transaction fees on the network.

Read more: ETC Group to List First Bitcoin ETP in London on the Aquis Exchange

Ethereum NewsBitcoinMinersExchange-Traded Products

More For You

Protocol Research: GoPlus Security

By CoinDesk Research
Nov 14, 2025
Commissioned byGoPlus
GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

APT Gains 1.8% to $1.76 Despite Token Unlock Overhang

By CD Analytics, Will Canny|Edited by Jamie Crawley
11 minutes ago
"APT price chart showing a rise to $1.76 alongside increased trading volume before December token unlock."

Trading volume spiked as institutional players position ahead of $19.8 million supply increase.

What to know:

  • APT climbed 1.8% to $1.76.
  • Volume surged 46% above monthly averages as traders repositioned.
  • Dec. 12 token unlock event creates $19.3 million supply overhang.
Read full story