Bitcoin futures volume climbed to $1.73 trillion in August

Sep 2, 2021 | The Block News | 0 comments

bitcoin-futures-volume-climbed-to-$1.73-trillion-in-august

Volumes across major markets for bitcoin futures hit $1.73 trillion in August, representing an increase from July, according to data collected by The Block Research.

The August figure represents a 17 percent increase from July’s $1.47 trillion in futures volume. The futures market’s peak occurred in May, when volumes reached $2.56 trillion. As shown in the chart, Binance once again took the most market share for bitcoin futures during August.

Meanwhile, bitcoin options volume also increased between July and August, rising from $10.72 billion to $17.79 billion, a 66% increase. The vast majority of trading volume occurred on Deribit. 

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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