• Coin Market Cap
  • Contact Us
  • Privacy & Policy
Thursday, January 28, 2021
Litecoin.is
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO
No Result
View All Result
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO
No Result
View All Result
Litecoin.is
No Result
View All Result
Home Litecoin

CME Bitcoin Trading Product Records Show Institutional Participation Uptick

May 17, 2020
in Litecoin
0
189
SHARES
Share on FacebookShare on TwitterPin it

Related articles

GameStop short squeeze highlights the power of decentralization

GameStop short squeeze highlights the power of decentralization

January 28, 2021
Guggenheim says institutional demand not enough to keep BTC above $30K

Guggenheim says institutional demand not enough to keep BTC above $30K

January 28, 2021
ADVERTISEMENT

Mainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. 

May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for the product, according to information a CME representative provided to Cointelegraph.  

On May 4, CME also tallied 66 large open interest holders, or LOIHs — another record. These LOIH figures in particular indicate added involvement from institutions, the CME representative noted. 

CME Bitcoin options have performed well since launch

CME largely opened the door for mainstream Bitcoin participation in December 2017, with the launch of its Bitcoin futures trading product. CME released another crypto trading product in 2020 with its Bitcoin options launch. 

Since its BTC options inauguration, CME has seen approximately 5,000 of these contracts trade, equal to about 25,000 BTC in total volume, the CME representative included.  

Bitcoin options had a great week 

May 13 and May 14 also hosted two other CME crypto trading records. The outfit’s Bitcoin options product hosted 4,389 BTC worth of contracts — an all-time volume high for the product, as well as record open interest valued at 14,535 BTC worth of contracts, the representative noted. 

Contrasting CME’s growing success, the Chicago Board Options exchange, or CBOE, pulled out of the Bitcoin trading race roughly a year and a half after launching BTC futures in December 2017. The CBOE removed its product from the shelves in March 2019, right before Bitcoin began its rally to $13,900. 

Credit Source link

Share76Tweet47Pin17
ADVERTISEMENT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

GameStop short squeeze highlights the power of decentralization

GameStop short squeeze highlights the power of decentralization

January 28, 2021
Guggenheim says institutional demand not enough to keep BTC above $30K

Guggenheim says institutional demand not enough to keep BTC above $30K

January 28, 2021
3 reasons why Uniswap (UNI) token hit a new all-time high above $15

3 reasons why Uniswap (UNI) token hit a new all-time high above $15

January 27, 2021
Mega-whale Pranksy brings collectible highlights to the fore

Mega-whale Pranksy brings collectible highlights to the fore

January 27, 2021
Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS

Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS

January 27, 2021
DeFi users shouldn’t wait idly for Eth2 to hit its stride

DeFi users shouldn’t wait idly for Eth2 to hit its stride

January 27, 2021
Litecoin.is

Litecoin.is an online NEWS portal which aims to provide the latest trendy news around the crypto market and much more exciting stuff.

Topic to cover

  • Bitcoin
  • Blockchain
  • Litecoin

Whats NEW here?

  • GameStop short squeeze highlights the power of decentralization
  • Guggenheim says institutional demand not enough to keep BTC above $30K
  • 3 reasons why Uniswap (UNI) token hit a new all-time high above $15

  • Coin Market Cap
  • Contact Us
  • Privacy & Policy

© 2019 Litecoin.is – All about Litecon NEWS and more!

No Result
View All Result
  • Home
  • Litecoin
  • Bitcoin
  • Blockchain
  • Coin Market Cap
  • Exchange
  • ICO

© 2019 Litecoin.is All about Litecoin And Crypto News!.

  • bitcoinBitcoin(BTC)$31,318.00-0.62%
  • ethereumEthereum(ETH)$1,282.500.09%
  • rippleXRP(XRP)$0.256702-2.31%
  • eosEOS(EOS)$2.57-0.43%
  • litecoinLitecoin(LTC)$127.22-1.73%
  • bitcoin-cashBitcoin Cash(BCH)$391.52-3.91%
  • tetherTether(USDT)$1.00-0.27%
  • stellarStellar(XLM)$0.247971-1.76%
  • Binance CoinBinance Coin(BNB)$42.112.02%
  • tronTRON(TRX)$0.0288610.69%
  • cardanoCardano(ADA)$0.327038-0.57%
  • Bitcoin SVBitcoin SV(BSV)$166.25-3.33%
  • iotaIOTA(MIOTA)$0.403223-2.59%
  • moneroMonero(XMR)$127.11-3.65%
  • dashDash(DASH)$100.110.24%
  • neoNEO(NEO)$21.90-1.64%
  • ontologyOntology(ONT)$0.55-0.99%
  • nemNEM(XEM)$0.230459-4.14%
  • zcashZcash(ZEC)$81.10-4.29%
  • USD CoinUSD Coin(USDC)$1.000.12%
  • dogecoinDogecoin(DOGE)$0.01317964.30%
  • bitcoin-goldBitcoin Gold(BTG)$10.02-3.03%