The average daily trading volume for futures on the bitcoin Chicago Mercantile exchange (CME) in the second quarter of this year increased by 93%.
As reported in the official Twitter account of CME, the number of open contracts on bitcoin futures over the same period exceeded 2 400, which is 58% higher compared to the first quarter.
Bitcoin futures average daily volume in Q2 grew 93% over the previous quarter, while open interest surpassed 2,400 contracts, a 58% increase. Learn more about trading #Bitcoin futures: https://t.co/adjWVWXBPQ pic.twitter.com/UQWC3nGGrI
— CMEGroup (@CMEGroup) on July 20, 2018
Despite the bearish sentiment in the market, the volume of futures contracts traded on the CBOE and CME Group in the second quarter of 2018 has increased significantly. As of July 13, at the CME was registered 2634 contract, due to expire this month. July 5, the number of such contracts jumped to 6739, setting a new record for the site. However, CME has not yet been able to come close to the historical high recorded on April 25 on the CBOE – about 19 thousand contracts.