BitRss.com latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

CME Bitcoin Futures Product Breaks Volume Record

In a liquidity report, CME Group has revealed that last month was the most successful for its bitcoin futures product since its launch in 2017.



The report shows new highs in both average daily volume and open interest in May. Within the month, the average daily volume finished at more than 13,600 contracts, or $515 million in notional USD-traded value. This number was up 36 percent since April, and 250 percent year over year.



Open interest, or contracts left unsettled, also reached an all-time high with 4,602 total contracts. This is an 80 percent increase since May 2018.



223 trading accounts were also added in May, the most CME Group has seen since 2018. This may be a sign that institutional interest has escalated.
The post CME Bitcoin Futures Product Breaks Volume Record appeared first on Bitcoin Magazine .

BitRss.com shares this Contents with License.

Thank you for Share!

   
Read the full Article

Read the full Article: CME Bitcoin Futures Product Breaks Volume Record


Search Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, from up to 70 Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

24h Most Popular News