Bitcoin futures market exceeds $2 trillion in monthly volume for January
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="theblockcrypto.com" target="_blank">The Block</a></span></span></span>
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Monthly trading volumes for Bitcoin futures more than doubled from December to January, according to data compiled by The Block Research.
December’s future trading volume was $993.8 billion, whereas January’s was $2.09 trillion — an all-time high. Binance led the way in January’s volume at 30% of the volume, followed by Huobi at 23.8% and OKEx at 16.9%.
Monthly Bitcoin options volume also reached its highest point in January, coming in at $27.93 billion. Deribit facilitated the trade of $25.8 billion — or 92.4% — of the monthly volume, while OKEx held 5.1% and CME had 1.9%.
For more insights from January 2021, check out The Block Research.
