According to a report by CCData, institutional investors have been actively trading various financial instruments linked to Bitcoin and Ethereum, including spot trading volumes, derivatives trading, and CME Futures Contracts.
The recent BlackRock spot Bitcoin ETF filing may have contributed to this increase in interest in digital assets. The Chicago Mercantile Exchange (CME) saw a significant rise in Bitcoin futures volumes, with Bitcoin Micro Futures also experiencing a boost.
Ethereum-based instruments also saw a rise in trading, with over 97,000 ETH Futures contracts traded in June. The increase in trading activity could have a positive impact on the upcoming Ethereum-to-Bitcoin Ratio Futures product by CME Group, pending regulatory approval.
All Comments