The trading volumes of Bitcoin futures and options reached an all-time high last month, according to data provided by The Block.
In particular, Bitcoin futures trading volumes soared to $2.13B in March, an increase of 1.9% compared to the previous high recorded in January. Notably, most of the transactions took place on Binance (33.84%), Huobi (22.32%) and OKEx (13.75%).
Regarding the options on the largest crypto on the market, the monthly volume of this instrument has recorded a 16.19% rebound compared to February with $28.63B. Transactions took place on Deribit (96.26%), OKEx (3.37%) and CME (2.02%).
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iHodl reported last month CBOE is exploring the possibility of re-launching BTC futures. The platform started offering this product back in December 2017, coinciding with the Bitcoin rally in which the crypto reached $20,000 for the first time ever.
However, this investment product was withdrawn from the market in June 2019 without CBOE disclosing the reason behind this decision. At the time, however, it did not say that the withdrawal was final, but rather that it was "evaluating" its approach.
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