Express

Bitcoin Derivatives Trading Looks Set To Reach Record Levels This Month

Janelle Fox

Summary: Bitcoin (BTC) derivatives trading looks ready to reach record levels this month as their volume spikes and open interest are floating around all-time highs. According to data from the CME Group, open interest for its futures products alone totaled 5,328 contracts or 26,640 BTC, which is currently valued at around $237 million. These figures are ...

Bitcoin (BTC) derivatives trading looks ready to reach record levels this month as their volume spikes and open interest are floating around all-time highs.

According to data from the CME Group, open interest for its futures products alone totaled 5,328 contracts or 26,640 BTC, which is currently valued at around $237 million. These figures are higher than any other monthly close since CME first started operating in December 2017.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Bitcoin Derivatives Trading Looks Set To Reach Record Levels This Month   [Copy]
Next:

Related Articles

  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 4 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 8 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 11 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 15 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 17 days ago

    • You need to login to comment.