Cme bitcoin institutional
Cme groups bitcoin futures see a surge of institutional interest the chicago mercantile exchange (cme group) has seen a big spike in bitcoin futures volumes according to an internal investors.
Cme claims institutional interest in bitcoin will grow.
Facing a similar fate as bakkt, the platform did not reach significant institutional interest as some have believed.
Despite the lackluster opening of the bakkt platform earlier this month, a representative of the cme group believes that institutional interest in bitcoin is growing.
Cme groups bitcoin futures see a surge of institutional.
Cme launched its bitcoin futures contracts in december 2017 and since then it has attracted a ton of institutional interest towards the bitcoin derivatives market.
Bitcoin futures volume of cme soars, institutional.
Moreover, despite the lackluster start, the intercontinental exchanges (ice) bakkt platform has seen an increase in interest with the companys.
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7b in notional value traded on june 26, surpassing the previous record by more than 30 the surge in volume also set a new open interest record of 6,069 contracts as institutional interest continues to build, cme group stated.