According to the report, BTC derivatives trading on the CME [Chicago Mercantile Exchange] hit an all-time-high for the past 2 months in a row.
Leading cryptocurrency exchange ‘BitMEX’ is reportedly additionally observing similar trading volumes as of this recent volatility within the digital assets market, whereas Dutch bitcoin futures and options exchange ‘Deribit’ has seen alot of institution-based audience. In line with Diar, Deribit has been striking record volumes every month-on-month.
Moreover, physically-settled bitcoin futures, physically delivered cryptocurrency futures exchange named ‘CoinFLEX’ has witnessed interest from cryptocurrency venture firm Digital Currency Group & investment trust named ‘Polychain’, that has reportedly already earlier launched 2 future contracts.
Also earlier this month, CME Group ‘reported‘ record breaking volumes for its bitcoin futures earlier on 13th May as the cryptocurrency’s surprise bullish market continued. On 13th May, the exchange recorded as high as 33,700 contracts. That figures were identical to 168,000 BTC [ about $1.35 Bln] – an almost 50% rise vs the ‘previous high‘ of 22,500 contracts and 112,700 BTC [presently $909.2 Mln] on 4th April.