<p><span style="font-weight: 400;">CME Group, a Chicago-based derivatives exchange and a major player in bitcoin futures trading, has outpaced other bitcoin spot exchanges with a staggering $320.2M in bitcoin futures volumes in the last 24 hours, </span><a href="https://www.bitcointradevolume.com/"><span style="font-weight: 400;">per Bitwise’s data</span></a><span style="font-weight: 400;">. </span></p> <p><span style="font-weight: 400;">According to Bitwise, CME’s bitcoin futures volume is almost $90 million more than the daily trading volume of Binance, the largest spot bitcoin exchange. Previously, CME Group had </span><a href="https://www.cryptocompare.com/media/35650390/cryptocompare_exchange_review_2019_03.pdf"><span style="font-weight: 400;">reportedly</span></a><span style="font-weight: 400;"> experienced a decrease of 29% in bitcoin futures volumes from February to March, hitting a cadence of $70.5 million in daily volumes. However, it </span><a href="https://www.theblockcrypto.com/tiny/cme-group-reports-record-trading-day-on-bitcoin-futures/"><span style="font-weight: 400;">bounced back</span></a><span style="font-weight: 400;"> at the beginning of April, with an all-time high volume of over 22,500 bitcoin futures contracts, equivalent to approximately $550 million. </span></p>