Yesterday, CME’s Bitcoin futures recorded an all-time high in daily trading volume, touching $13.15 billion, according to a recent report by K33 Research. This remarkable achievement not only highlights the surge in investor interest but also underscores the growing influence of Bitcoin in the financial markets.

Over the course of 2024, the average daily trading volume (ADV) of Bitcoin futures on CME has been a robust $4.56 billion. This figure surpasses the previous record set during the market turbulence following the collapse of cryptocurrency exchange FTX on November 8, 2022. The sustained high volume indicates a strong and consistent demand for Bitcoin as an investment vehicle.

The continuous increase in trading volumes, marked by yesterday’s record-setting activity, points to Bitcoin’s enduring appeal and the confidence traders place in CME’s platform. As Bitcoin becomes further integrated into mainstream financial portfolios, its potential as a hedge against economic uncertainty continues to attract both individual and institutional investors.