April 23, 2024

In February, the volume of trading in BTC futures on CME reached $ 60 billion

Last month the volume of trading in futuresthe main cryptocurrency counterparts offered by the Chicago Mercantile Exchange (CME) reached $ 59.6 billion. Its BTC futures accounted for most of the trading volume, and recently launched ETH futures contracts reached $ 1 billion.

According to the review of the CrüptoCompare exchange for FebruaryIn 2021, the volume of trading in CME bitcoin futures increased by 16.9% to $ 58.6 billion last month. Last month, the average open rate of the trading platform on BTC futures increased by 23% and amounted to $ 2.5 billion, while the total open rate of $ 61.2 million per month

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The volume of trading in ETH futures on CME showshuge interest for the second by the size of the market capitalization of the cryptocurrency. And although $ 1 billion is a relatively small volume of trade in comparison with other products, approved on the cryptocurrency, it is worth mentioning that it should be noted for development.

According to the Intercontinental Exchange, futuresBakkt bitcoin contracts also took time to grow the volume of trading. According to CrüptoCompare, in February the volume of trading by derivatives on proprietary trading platforms of cryptocurrencies remained stable, which seems to be the most interesting

In the last month, the volume of trading in derivativesdecreased by 0, 3% to $ 2.89 trillion Binance was the largest trading platform in terms of trading volume, at $ 1.06 trillion. She was followed by OKEx, which raised $ 525 billion, and Huobi, which raised $ Z99 billion.

Binance had the most open-ended interestamong all derivatives - on average $ 7, 3 billion. The second place was taken by OKEx with $ 6.4 billion, followed by Huobi with $ 5.1 billion. On February 22, a daily record of $ 215.4 billion was fixed on platforms for trading in derivative financial instruments.

What is the CME,that day's maximum was reached on February 2,when 29,926 BTC futures contracts were sold. The maximum was achieved after the bitcoin was corrected from its new historical maximum above $ 58,000.

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It is worth noting that, according to CrуptoCompare, inlast month, trading volumes rose by 17.2% to $ 2.74 trillion. This means that the market for derivatives is 51.3% of the general market of cryptocurrencies compared to 55.3% in January.

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