Open interest in CME Bitcoin futures hit $7.8 billion in February, a record high
The Block Pro data shows that the open interest of Bitcoin futures on the Chicago Mercantile Exchange increased by 54.7% to a record high of $7.8 billion in February, but the daily average trading volume decreased by 7.4% to about $3.18 billion. The monthly trading volume of Ethereum futures increased to $555 billion, a growth rate of 8.6%. In terms of cryptocurrency options, the open interest of Bitcoin options rose sharply by 80.8% in February, reaching a record high, while the open interest of Ethereum also increased by 48.5%. In addition, in terms of Bitcoin and Ethereum options trading volume, the trading volume of Bitcoin options decreased by 1% in February to $39.47 billion, while the trading volume of Ethereum options decreased by 5.4% to $16.98 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pepe’s market cap briefly tops $10 billion on back of 77% price surge
The price of the frog-faced memecoin surged 77% in the past 24 hours to trade at $0.000024.Major exchanges, including Coinbase, Robinhood and Upbit, have recently listed Pepe trading pairs.
ETH killers are still no closer to doing the deed
Solana is the crowd favorite to potentially flip Ethereum somewhere down the line, and it tends to feel realistic at times
Bitcoin at $100k very possible before EOY, analysts say
The market is due for a breather, but analysts expect prices to continue moving up in the coming weeks
FBI raids Polymarket founder's home
Trending news
MoreCrypto prices
More
