The trading volume of bitcoin futures on CME exceeds spot market indicators

The trading volume of bitcoin futures on the Chicago Mercantile Exchange (CME) for the last day amounted to $ 279.65 million . This is higher than in all spot markets, according to data from Bitwise Asset Management.

Thus, the daily bitcoin spot trading volume amounted to $ 600.62 million , of which $ 255 million fell on the Binance exchange, $ 80 million on Coinbase and $ 70 million on Kraken.

Bitwise data

Note that on the Chicago Options Exchange (CBOE) daily volumes amounted to $ 9.14 million , although in March the platform refused to add new markets to Bitcoin futures. The longest CBOE contract will last until June.

Bitwise data

Recall the trading volume of bitcoin futures contracts at CME updated the historical maximum at the beginning of this month. On April 4, 22.5 thousand futures were traded on the stock exchange (equivalent to 112.7 thousand BTC or $ 560 million). However, back in February, this figure fell to the values of December 2017, when the launch of futures took place.

Earlier, Bitwise Asset Management sent a report to the US Securities and Exchange Commission (SEC), which states that 95% of trading on unregulated bitcoin exchanges is fake.

At the moment, the company tracks 10 sites where the indicators are recognized as true: Binance, Coinbase, Kraken, Bitfinex, Bitstamp, bitFlyer, itBit, Gemini, Bittrex and Poloniex.

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