Daily Volume for Bitcoin Futures Grew 41% in Quarter 3


Daily volumes for btc futures trading faced a significant jump in the Q3 compared to the previous period, according to CME Group.

Company that launched btc futures trading in December 2017 – posted the results on Twitter on Wednesday.

During CoinDesk’s Consensus: Singapore event in September, Tim McCourt, CME’s managing director and global head of equity products and alternative investments, suggested that volumes had been on the rise. He also noted that the firm was seeing strong interest from Asian markets as well.

“Out of the 40 percent of bitcoin futures trading on CME that’s outside the U.S., 21 percent are coming from Asia,” he told attendees.