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.
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