Research: Bitcoin derivatives trade record

Research: Bitcoin derivatives trade record

In a report released on May 21st, cryptocurrency research firm Diar pointed out that institutional traders recently hit a new high in trading volume on the Bitcoin (BTC) derivatives exchange.

According to the report, the Bitcoin derivatives trading of the Chicago Mercantile Exchange (CME) hit a record high for two consecutive months.

Research: Bitcoin derivatives trade record

Bitcoin derivatives trading volume on the Chicago Mercantile Exchange <br /> According to recent fluctuations in the digital asset market, the cryptocurrency exchange Bitmex has roughly the same volume, while the Dutch Bitcoin futures and options exchange Deribit The volume of transactions is more from institutions. According to Diar, the sales of Derby have hit a new monthly high.

For physical settlement of bitcoin futures, the physical delivery of the cryptocurrency futures exchange CoinFLEX witnessed the interest of the encryption venture capital firm Digital Currency Group and the investment company Polychain, which reportedly launched two futures contracts.

Earlier this month, the Chicago Mercantile Exchange Group (CME Group) announced a record volume of bitcoin futures on May 13. On May 13, the exchange set a record of 33,700 contracts. This figure is equivalent to 168,000 BTCs ($1.35 billion), up nearly 50% from the high of 22,500 and 112,700 BTCs (currently $909.2 million) set on April 4.

Author: Kiran
Remarks: Bitcoin86 manuscript article, please indicate the source. The article is an independent view of the author and does not represent the standing position.