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
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