Daily volume of $ 515 million in May 2

Daily volume of $ 515 million in May

The Chicago-based CME group bitcoin futures (BTC) had an average daily volume of $ 515 million in May 2019.

On August 28, Forbes announced that the CME Group Bitcoin Futures are setting new record trading volumes. Tim McCourt, CEO of the CME Group, said about Bitcoin futures: "More than 13,600 contracts a day were traded on average in May, representing a notional amount of about $ 515 million or 68,000 bitcoins of the same value ".

Record trading volume

McCourt also said that on May 13, a record daily volume of 33,677 contracts had been negotiated, exceeding 168,000 BTCs ($ 1.705 billion at the time of going to press). In addition, 7,237 futures contracts with Bitcoin were traded daily on average the previous year, which corresponds to 36,185 BTC (currently $ 62.9 million).

He said that crypto-currencies and blockchain technology are attracting increasing and growing interest in different application scenarios:

"It will be interesting to see how this new market will evolve and develop.For us at CME, the focus is on training and we want to make sure our customers have all the tools they need to make decisions. strategic strategies around the encryption zone. "

Earlier this month, Bakkt announced the highly anticipated monthly and daily trading platform for Bitcoin futures. that she would open on September 23rd.