Trading volume bitcoin futures on CME and Cboe has returned to the level of 2017 !!!

in #cryptocurrency6 years ago

According to analysts, the company TradeBlock, trading activity with bitcoin futures on CME and Cboe declined significantly compared to the summer of 2018, when it reached a peak. The decrease in activity is also observed in the spot market. However, the launch of new sites for trading bitcoin futures – Bakkt, ErisX иCoinFLEX – can change the situation. After the almost simultaneous launch of bitcoin futures CME captured significant market share and trading volume at both sites in the summer of last year almost equaled the volume of spot trading bitcoins on the five largest American cryptomeria. Trading volumes on the spot market in January-October 2018 dipped by almost 85%, and in November started a slow growth. TradeBlock experts believe that this may be due to withdrawal from the market of private investors after the jump in prices in December 2017. However, from December 2017 to August 2018 total amount of trading bitcoin futures rose, and after rolling back to the June positions in September-October and the jump in November returned to the level of the end of 2017. Recall that, according to sources of Bloomberg, the stock exchange and Nasdaq are preparing early this year to launch futures on bitcoin based on prices from multiple kryptomere selected VanEck Associates Corp. In addition, for the launch of derivatives Nasdaq representatives had to carry out serious work with the Commission on commodity futures trading (CFTC), which regulates swap markets of the United States. Company Intercontinental Exchange (ICE), which is the operator of the new York stock exchange (NYSE), also worked with the CFTC and is awaiting approval to launch bitcoin futures trading (Bakkt BTC (USD) Daily Future) on cryptocurrency platform Bakkt

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