![CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval](https://digitallifegaming.com/wp-content/uploads/2024/02/5XADFLHRYZDPXDKAXRUUEIQ6KQ-768x402.png)
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The exchange also recently saw the volume of bitcoin futures open interest (OI) – the number of existing contracts – surpass Binance (the world’s largest centralized exchange by trading volume). However, CCData notes that this trend has reversed, and open interest has fallen 8.50% to $4.42 billion. Bitcoin options on the exchange also fell, dropping almost 30% to $1.57 billion.
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