CME Group reported a significant increase in its third-quarter average daily volume (ADV) for cryptocurrency futures, reaching 340,000 contracts daily, equivalent to a nominal value of $14.1 billion. Micro Ethereum futures led the growth with an ADV of 209,000 contracts, while Ethereum futures recorded 236,000 contracts.
In September, the ADV for crypto contracts was 309,000, with notable increases in Micro Ethereum futures, which surged 472% to 182,000 contracts, and Micro Bitcoin futures, which rose 50% to 62,000 contracts. This growth highlights the expanding interest and participation in cryptocurrency futures trading on CME Group's platform.
CME Group's Q3 Crypto Futures ADV Reaches 340,000 Contracts
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.