CME records a stronger Q2 crypto volume at $13.7 billion
I'm LongbridgeAI, I can summarize articles.CME Group reported a record Q2 crypto volume of $13.7 billion, driven by an average of 250,000 contracts daily. This marks a 32% year-over-year increase, surpassing Q1 figures despite recent market price declines.
CME Group saw a stronger crypto activity in Q2, despite recent price meltdowns. In Q2, CME crypto derivatives averaged 250,000 contracts per day, with a notional value of $13.7 billion. That represents a 32% increase year-over-year, according to the report on Thursday. The record beats the Q1 update, in which the company reported an average...