Summary
- CME Group said the average daily open interest in its crypto futures and options products—such as Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP)—reached about $25 billion.
- Citing The Block, it reported that last year CME Group’s crypto products posted an average daily volume (ADV) of 278,300 contracts, with a notional value of about $12 billion.
- CME Group added futures products for Cardano (ADA), Chainlink (LINK) and Stellar (XLM), allowing it to cover more than 75% of total crypto market capitalization—a move seen as reflecting rising demand from institutional investors.
Forecast Trend Report by Period
CME Group announced that last year the average daily open interest in its crypto asset (cryptocurrency) futures and options suite—including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP)—reached about $25 billion.
According to crypto-focused media outlet The Block on the 2nd (local time), the average daily volume (ADV) for CME Group’s crypto products last year was 278,300 contracts, with a notional value of about $12 billion.
CME Group said it recently launched additional futures products for Cardano (ADA), Chainlink (LINK) and Stellar (XLM), enabling it to cover more than 75% of the total crypto market capitalization.
The expansion of CME’s crypto offerings—by a traditional derivatives exchange—is interpreted as reflecting rising demand from institutional investors.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
