Home
News
Details

CME March Crypto Contracts Volume Rises 19% to $7.98 Billion Nominal Value

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$77,762.104.59%
This is the logo of the coin.
ETH
$2,439.124.82%
AI summary iconSummary

expand icon
CME Group reported a 19% increase in March trading volume for crypto contracts, reaching $7.98 billion in nominal value. Average daily trading volume reached 210,000 contracts. Micro Bitcoin futures rose 6% to 77,000 contracts, while Ethereum futures surged 53% to 19,000 contracts. Total daily contract volume for March reached 4.11 million, a monthly record and 33% higher year-over-year. First-quarter average daily trading volume hit 3.62 million contracts, a 22% year-over-year increase.

Odaily Planet Daily report: CME Group, the derivatives market operator, announced that the average daily trading volume of cryptocurrency contracts in March reached 2.1 million contracts, with a notional value of $7.98 billion, representing a 19% increase. The average daily trading volume of micro Bitcoin futures rose 6% to 77,000 contracts, while the average daily trading volume of Ethereum futures increased 53% to 19,000 contracts. Additionally, the overall average daily trading volume of contracts on the CME platform in March reached 41.1 million contracts, setting a monthly record and up 33% year-over-year; the first-quarter average daily trading volume reached 36.2 million contracts, marking a quarterly record and up 22% year-over-year. (PRNewswire)

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.