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.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Tokens on the Bitcoin Blockchain: A Wild Ride for Digital Asset Investors

In the past 24 hours, there has been a remarkable 21% increase in the overall capitalization of these tokens, surpass...

Market

Bitcoin Rises as Chinese New Year Boosts Market Sentiment 🐉💰

Excitement is building in East Asia as the highly anticipated Year of the Dragon approaches. This auspicious animal i...

Market

Crypto Exchange Chronicles December 18, 2023 - The Exquisite Tussle of Listings and Delistings!

Check out our latest roundup of digital asset listings, delistings, and trading pair updates from top crypto exchange...

Market

Prepping for a positive market with ETH ETF approval

Exciting news the much-anticipated Ethereum ETF decision is just around the corner! Regardless of whether you are exp...

Market

The Great Thaw: Bitcoin’s Bullish Spring Break

Crypto market sees a decline in growth as traders capitalize on profits from earlier gains this week.

DeFi

Bridging the Gap: The Wild Ride of the Wallet Address

Fantom network offers lower prices for depegged assets like WBTC compared to Ethereum network originals.