RATE Group | Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the …
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Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the …

23 May Bitcoin Futures, Options, and Open Interest: Crypto Derivatives Break Records After the …

Posted at 04:42h in Bitcoin News by

Since the market rout on March 12, otherwise known as ‘Black Thursday,’ bitcoin futures and options contracts have seen significant demand. On May 14, CME Group saw the total number of outstanding derivatives contracts (open interest) touch a high of $142 million. Four days later, CME broke records again. Data from the researchers at Skew.com detailed that CME’s regulated bitcoin options open interest is up 10x this month.

Deribit’s Massive Options Volumes and CME Group’s Regulated Bitcoin Derivatives Markets Touch New Highs

Ever since the halving on May 11, there’s been a lot of action when it comes to bitcoin-based derivatives products. The research and analysis team from Skew.com publishes daily information about CME’s bitcoin futures and options, products from Bakkt, and a slew of other exchanges that offer crypto derivatives.

For instance, Skew detailed that the exchange Deribit’s bitcoin options open interest had touched $1 billion for the first time this week….

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