CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval

Date:

Share post:



CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval

The exchange also recently saw the volume of bitcoin futures open interest (OI) – the number of existing contracts – surpass Binance (the world’s largest centralized exchange by trading volume). However, CCData notes that this trend has reversed, and open interest has fallen 8.50% to $4.42 billion. Bitcoin options on the exchange also fell, dropping almost 30% to $1.57 billion.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

FIDD Goes Live — Fidelity Brings Its Digital Dollar Stablecoin to Crypto Markets

On Wednesday, Fidelity Investments’ digital currency arm Fidelity Digital Assets announced it launched its first stablecoin, the...

18 Best Things to Do in Sedona, According to Locals

Top 5 Can’t Miss Float in a hot air balloon over Sedona's otherworldly red rock buttes.Put on...

Micro-Adventures for Better Focus: Easy Ways to Fight Off a Heavy Semester

University life can feel like a constant tab-switch: lectures,...

Trump Token Launch & the Rise of ‘Gym Bro’ $MAXI

What to Know: The planned launch of Trump-associated tokens has validated a strength-based market narrative, paving the way...
Verified by ExactMetrics