CME Group saw a 41% increase in average daily volume for bitcoin futures in Q3 2018

The financial derivatives marketplaces announced that the average daily volume for bitcoin futures grew from 3,577 in Q2 2018 to 5,053 in Q3 2018, a 41% increase. CME Group also saw a 19% increase in open interest for its bitcoin futures from 2,405 in Q2 2018 to 2,873 in Q3 2018. (Source: CME Group)

About Author

Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi

More by Steven Zheng