CME Group's crypto derivatives trading volume surged 129% in April

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CME Group's crypto derivatives trading volume surged 129% in April, with an average daily volume (ADV) of 183,000 contracts, totaling $8.9 billion. Ethereum futures led the growth, with ADV increasing 239% to 14,000 contracts, micro Ethereum futures growing 165% to 63,000, and micro Bitcoin futures rising 115% to 78,000. CME Bitcoin and Ethereum futures contracts represent 5 BTC and 50 ETH respectively, with micro contracts at 0.1 units. CME's overall April ADV reached a record 35.9 million contracts, a 36% year-on-year increase. (CoinDesk)

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