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CME encryption futures and Options daily trading volume reached 795,000 contracts, setting a new historical high.
Golden Finance reports that due to market fluctuations, the demand for compliant cryptocurrency derivatives has surged among institutions and retail investors. On November 21, the Chicago Mercantile Exchange (CME) recorded a daily trading volume of 795,000 contracts in cryptocurrency futures and options, setting a new historical high. Since the beginning of this year, the average daily trading volume of CME crypto derivatives has reached 271,000 contracts, with a notional value of $12 billion, a year-on-year increase of 132%. The open interest has also increased by 82%, indicating that investors are actively managing risks through compliance tools. Currently, Bitcoin is quoted at $88,845, and Ethereum at $2,977. The Head of Global Crypto Products at CME pointed out that market uncertainty has driven demand for high liquidity, regulated crypto risk management tools.