According to the CME Group’s announcement on Twitter, in Q3, bitcoin futures average daily volume rose 41% and open interest was up 19% over Q2.
Previously Chicago Mercantile Exchange (CME) stated that crypto volumes on the futures markets had been in the hole for three consecutive trading sessions.
CME is the world's largest stock exchange operator that began offering bitcoin futures in December 2017, immediately after the launch of a similar product at the Chicago Stock Exchange (CBOE).
Earlier this year, Terry Duffy, the chairman and CEO of CME Group, said that in his memory the launch of the first cryptocurrency futures was “the most debatable decision the exchange has ever made.”
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