In January, the Chicago Mercantile Exchange Group (CME) reported that its crypto contracts had an average daily volume of 198,000 with a notional value of $13.6 billion. Compared to last year, the ADV for crypto increased 180%, with micro bitcoin futures rising 255% and micro ether futures jumping 223%. These micro contracts allow for more precise trading and risk management due to their smaller size. In addition to the full-sized and micro contracts, CME also offers options on these contracts, allowing for more complex trading strategies. The exchange recorded a total ADV of 25.7 million contracts for January and is planning to introduce options on Bitcoin Friday Futures pending regulatory approval.



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