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Both Bitcoin and Ethereum options trading volumes hit new highs in March, and CME futures open interest rose to a record high of $11.7 billion.

Both Bitcoin and Ethereum options trading volumes hit new highs in March, and CME futures open interest rose to a record high of $11.7 billion.

CointimeCointime2024/04/03 07:55
By:Cointime

According to data from TheBlock Pro, as reported by Jinse Finance, both Bitcoin and Ethereum options trading reached historic highs on March 29th. Bitcoin options trading reached a new high of $46.75 billion, an increase of 18.5%, while Ethereum options trading reached a new high of $20.99 billion, an increase of 23.6%. However, open interest for Bitcoin options in March saw a decline of 1.9%, and Ethereum holdings also decreased by 6.6%.

Additionally, March saw Ethereum futures monthly trading volume rise to $893.8 billion, an increase of 60.9%, while CME Bitcoin futures open interest grew by 49.5% to reach a new high of $11.7 billion. Daily average volume also increased by 114.8% to approximately $6.8 billion, also a historic high.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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