CME Group recently announced the market statistics for 2024, showing that the activity level in the derivatives market will continue to rise📈. Among them, the average daily trading volume of cryptocurrency contracts is expected to grow by 203%, reaching approximately 117,000 contracts, valued at about $6.8 billion💰.
Specifically, the annual average daily trading volume of micro Bitcoin futures is expected to reach 48,000 contracts, while micro Ethereum futures will be 41,000 contracts. Meanwhile, the average daily trading volume of Bitcoin futures and Ethereum futures is 16,000 contracts and 6,400 contracts, respectively.
These data indicate that the participation and activity level in the cryptocurrency market are significantly increasing, providing investors with more trading opportunities and market liquidity.