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CME Group, a US derivatives exchange, reported grounds cryptocurrency trading volumes during the 4th fourth of 2024 during its net telephone connected February 12. According to CME, the mean regular trading measurement for crypto derivatives successful Q4 2024 was astir $10 billion.
These astronomical figures correspond a 300% summation compared to the measurement recorded successful the erstwhile year.
The speech announced that 2025 is disconnected to a beardown start, with cryptocurrency contracts signaling the highest-ever volumes successful January.
Lynn Martin, CME’s main fiscal officer, said during the call, “Overall, crypto derivatives were among the contracts that we saw the largest increases this year.”
In January, CME said it would database options tied to its “bite-sized” Bitcoin Friday futures. This was done due to the fact that much and much regular investors are funny successful cryptocurrency derivatives.
CME is 1 of the largest derivatives exchanges successful the United States, with revenues of astir $6 cardinal successful 2024. It has not yet included contracts for different integer plus types, but it does database futures contracts and options that are linked to Bitcoin (BTC) and Ether (ETH).
Coinbase, which established a derivatives speech successful 2021, competes with the speech by offering futures contracts connected a divers enactment of cryptocurrencies.
Also Read: CME Group Futures Now Available connected Robinhood
English (US) ·