CME posts record Q3 revenue, while micro crypto futures volume nearly halves. The group reported Q3 revenue of $1.7 billion, up 13% year over year and a record high. But average daily trading volume for BTC and ETH micro futures was just 160,000 contracts, down 46% from 297,000 a year earlier. Meanwhile, crypto derivatives have begun trading around the clock, with weekend notional volume exceeding $3.7 billion, and BCH and UNI futures have been added. With total volume hitting a record while retail interest in micro contracts cools, do you think institutions are stepping in—or is enthusiasm fading?
$BTC $ETH $BCH
#CME #加密期货 #InstitutionalCapital
(Source: CryptoEconomy)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.
$BTC $ETH $BCH
#CME #加密期货 #InstitutionalCapital
(Source: CryptoEconomy)
⚠️Risk warning: The above is shared for market information purposes only and does not constitute investment advice. Investing involves risk; please exercise caution when entering the market.