The Chicago Mercantile Exchange saw a significant increase in derivatives trading volume for April, with Ethereum futures showing the most notable growth.
According to the Gate.io News bot and a report from CoinDesk, the CME Group's April encryption derivatives trading data shows that the average daily trading volume reached 183,000 contracts, a month-on-month increase of 129%, with a total contract size of 8.9 billion USD.
The specific data shows that Ethereum futures performed the most prominently, with an average daily trading volume of 14,000 contracts, an increase of 239%. The average daily trading volumes of micro Ethereum futures and micro Bitcoin futures reached 63,000 and 78,000 contracts, respectively, with increases of 165% and 115%.
It is worth noting that the standard futures contract units for Bitcoin and Ethereum on CME are 5 BTC and 50 ETH respectively, while the micro contracts are 0.1 units. In addition, the overall average daily trading volume on CME in April reached 35.9 million contracts, a year-on-year increase of 36%, setting a new historical high.
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The Chicago Mercantile Exchange saw a significant increase in derivatives trading volume for April, with Ethereum futures showing the most notable growth.
According to the Gate.io News bot and a report from CoinDesk, the CME Group's April encryption derivatives trading data shows that the average daily trading volume reached 183,000 contracts, a month-on-month increase of 129%, with a total contract size of 8.9 billion USD.
The specific data shows that Ethereum futures performed the most prominently, with an average daily trading volume of 14,000 contracts, an increase of 239%. The average daily trading volumes of micro Ethereum futures and micro Bitcoin futures reached 63,000 and 78,000 contracts, respectively, with increases of 165% and 115%.
It is worth noting that the standard futures contract units for Bitcoin and Ethereum on CME are 5 BTC and 50 ETH respectively, while the micro contracts are 0.1 units. In addition, the overall average daily trading volume on CME in April reached 35.9 million contracts, a year-on-year increase of 36%, setting a new historical high.