Just two weeks ago, Arcane Research reported in the growing CME trading volume. The volume has continued up, and just passed $1 billion for the first time since the peak in mid-2019.
The open interest is also at the highest level since last summer, touching $338 million earlier this week.
Compared to the leading futures exchange, BitMEX, CME is much closer to its previous volume highs. BitMEX saw over $14 billion in daily volume during the peak in 2019, but the volume is now closer to $4 billion.
The institutional demand for bitcoin keeps growing.