October 20, 2020

The number of bitcoin futures in 2019 increased by 61%

The number of bitcoin futures in 2019 increased by 61%

The Chicago Mercantile Exchange Group (CME) on Monday presented a detailed report on its market performance. Bitcoin futures for the third quarter of this year.

According to the exchange, the number of active contracts forcompared with the same period last year, it grew by 61% - from 2,873 to 4,629. Despite the fall in BTC prices by 25%, the number of active contracts compared to the second quarter decreased by only 1%.

The number of bitcoin futures in 2019 increased by 61%

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Bitcoin Futures Average Daily Trading VolumeCME in the third quarter totaled 5,534 contracts, up 10% from a year ago. The company notes that this value corresponds to 27,670 BTC or $ 289 million.

“Institutional flows remained strong. 454 new accounts were added against 231 in the third quarter of 2018 ”- said the exchange.

The number of customers holding more than 25 bitcoins and classified as large investors on this basis has grown from 45 to 47 from the last quarter, while a year ago there were 34.

The number of bitcoin futures in 2019 increased by 61%

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About half of CME bitcoin futures trading in the third quarter was accounted for by users from the United States, 26% from the Asia-Pacific region, and 21% from Europe and the Middle East.

Last week chapter on alternativeCME investment Tim McCourt said the exchange hopes to attract no less interest in the upcoming options for bitcoin futures than in the futures themselves.

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