The exchange also recently saw the volume of bitcoin futures open interest (OI) – the number of existing contracts – surpass Binance (the world’s largest centralized exchange by trading volume). However, CCData notes that this trend has reversed, and open interest has fallen 8.50% to $4.42 billion. Bitcoin options on the exchange also fell, dropping almost 30% to $1.57 billion.
Source: https://www.coindesk.com/markets/2024/02/07/cme-trading-volume-reached-highest-in-3-years-after-bitcoin-etf-approval/?utm_medium=referral&utm_source=rss&utm_campaign=headlines