Home / Crypto News / The number of bitcoin futures contracts on the Chicago Mercantile Exchange (CME) tops 33,600

The number of bitcoin futures contracts on the Chicago Mercantile Exchange (CME) tops 33,600


kaz 【CRYPTO TIMES Official Writer】

kaz Coin Desk News

A university student who graduated from high school in Switzerland and attends an American university. We entered the cryptocurrency last June and started investing in it with its fun and attractiveness.

The Chicago Mercantile Exchange (CME) announced on the 13th this month that the number of contracts for bitcoin futures contracts topped 33,600, setting a record high .

CME Bitcoin futures reached an all-time record high of 33.7K contracts on May 13 (168K equivalent bitcoin), up nearly 50% from the last record of 22.5K contracts on April : https://t.co/hDgraMj5pe pic.twitter.com/ct1xkjoJDF

— CMEGroup (@CMEGroup) May 13, 2019

CME listed bitcoin futures in December 2017 and recorded 22500 contracts this April.

This record has significantly increased 50% from the previous number of contracts. The number of contracts, when converted to the number of bitcoins, is 168,385, equivalent to over $ 1.3 billion in legal currency (approximately ¥ 142.4 billion) .

We also know that futures trading volume at CME is nearly $ 100 million better than trading volume on the leading cryptocurrency exchange Binance.

Even with BitMEX, which provides cryptocurrency FX, it can be seen that transaction volumes have been recovering in the entire cryptocurrency market, with transaction volumes per 24 hours exceeding $ 10 billion and updating to a record high.

BitMEX’s 24-hour transaction sets record high of more than $ 10 billion-CRYPTO TIMES

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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/cme-record-volume/

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