CME’s 24/7 crypto derivatives market sees $50 million in opening weekend trading
The Block·
60-second summary
CME Group's 24/7 crypto derivatives market experiences a successful opening weekend with over 7,200 contracts traded, resulting in $50 million in trading volume. This milestone marks a significant step for the exchange, catering to the growing demand for around-the-clock cryptocurrency trading. The market's adoption is expected to increase, driving further growth in the derivatives space.
CME Group said that its 24/7 crypto futures and options market saw over 7,200 contracts traded over the first weekend.