Spot volumes rose 9% to reach $3bn and derivatives volumes dropped 5% to $2.74tn. While open interest for CME’s BTC futures have decreased 15%, their ETH futures product has grown more popular, with average open interest up 66% from February.
March Highlights
Spot volumes rose by 9% in March to reach $3bn
CME BTC open interest dipped 15% while ETH open interest grew 66%
Derivatives volumes dropped 5% - Aggregate open interest dropped 14.1%
