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

Weekend Reading For Financial Planners (September 19–20)

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with...

Bitcoin survived brutal week of market shocks. Still, analysts are deeply split on what happens next.

For Matt Hougan, CIO at Bitwise Asset Management, the U.S. still has two and a half more...

Anthropic picks Accenture as embeded evaluator

 Anthropic said it has chosen Accenture as its first embedded evaluator to help slow the pace of...