CME Group Sets New Record for Crypto Futures Trading
- CME Group recorded a total of 794,903 contracts traded on November 21, surpassing its previous record from August.
- The year-to-date average daily volume (ADV) for crypto is 270,900 contracts, valued at $12 billion, marking a 132% increase year-over-year.
- Open interest rose to 299,700 contracts, totaling $26.6 billion, an increase of 82% compared to last year.
- In Q4 alone, average daily volume surged by 106%, reaching 403,200 contracts with a notional value of $14.2 billion.
- Open interest in Q4 grew by 117%, amounting to 493,700 contracts, valued at $35.4 billion.
The surge in trading activity indicates increased demand for regulated cryptocurrency derivatives as investors seek tools to manage risk amid market volatility.
CME’s record trading volume highlights the growing interest in regulated crypto markets, with November’s figures reflecting a significant demand for risk management solutions.(Source)
