CME's bitcoin futures trading volume and open interest reached record highs in May

According to The Block, in May this year, the Chicago Mercantile Exchange (CME) bitcoin futures trading volume and open interest reached a record high, the average daily trading volume of the month exceeded 13,600 (about 515 million US dollars), an increase of 36 compared with April. %, a year-on-year increase of more than 250%. The number of open positions also reached a record high of 4,602, an increase of 80% from May last year. CME also said that its bitcoin product added 223 trading accounts in May this year, the highest level since January 2018, indicating that institutional investors' interest has indeed increased.