CME Group clocks bitcoin futures volume record by an eye popping 50%, with more than $1 billion in notional value traded

In a day that saw the price of bitcoin reach 10-month highs, and the amount of bitcoin inflows added to Grayscale's trust product reach all-time highs signaling rising institutional demand, it was CME bitcoin futures that punctuated the extent of an institutional driven rally.

Reported in a desk update tweet from CME Group, the world's largest options and futures exchange, the Chicago exchange declared its bitcoin futures product recorded a new all-time record of 33.7K contracts sold in one day — shattering the prior records of 22.5K  and 18.3K set on Apr 4 and Feb 19, respectively.

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