Odaily Planet Daily News According to a February 12 earnings call, the U.S. derivatives exchange CME Group reported that the platform's cryptocurrency trading volume hit a record high in the fourth quarter of 2024, with an average daily trading volume of approximately US$10 billion, an increase of more than 300% over the previous year. In addition, 2025 started strongly, with cryptocurrency contract trading volume hitting a record high in January.
CME Chief Financial Officer Lynn Martin said on the call that overall, crypto derivatives are "one of the contracts with the largest increase this year."
CME CEO Terry Duffy added that although "there is a demand for CME to list more types of crypto products," "we need to consult and work with the U.S. SEC to ensure that they have a clear understanding of what is a security and what is not a security."
In January of this year, as retail investors became increasingly interested in cryptocurrency derivatives, CME announced the launch of options linked to its small-amount Bitcoin futures. (Cointelegraph)