Growth was recorded in the trading volume of the Chicago Commodity Exchange (CME), one of the largest derivative exchanges in the world.
CME volume in January after spot Bitcoin ETFs were approved in the USA, according to CCData data Growing 35% to 94.4 billion dollars output. This is in the stock market Highest recorded since October 2021 It became a number.
CME is a company that generally trades Bitcoin futures contracts. institutional investors It is used by. Investors can use these contracts to hedge against future price movements of Bitcoin.
Trading volume of Bitcoin futures contracts increased by 42% in January to 73 billion dollars output. CCData researchers, “This happened after institutional investors began reducing their positions after spot Bitcoin exchange-traded funds (ETFs) were approved in the US.” said.
Open positions in the stock market decreased by 8.50% to 4.42 billion dollars; Options fell by approximately 30% to $1.57 billion.
Researchers, “Futures volume increasing and options volume decreasing indicates an end to the speculation of institutional investors speculating about whether the spot Bitcoin ETF will be approved.” said.
The volume of Ethereum (ETH) futures transactions on the exchange, 15.6%; The volume of options grew by 27%.