good news! Despite declining trading volumes at cryptocurrency trading venues and exchanges, CME Group recorded its highest monthly trading volume of the year in July. According to data from The Block, the trading volume of the CME Bitcoin futures market in July reached an all-time high in April. With only one trading day left in July, the exchange’s trading volume reached $53.33 billion. , surpassing April’s $53.06 billion.

It is worth mentioning that as of July 29, the open interest in the CME Bitcoin futures market was $2.5 billion. This market is very popular among institutional investors such as hedge funds and large trading firms. What do you think about this? Feel free to share it in the comment area!