Multiple crypto exchanges reported daily records from the end of the banner through February.
Deribit set multiple trading-related records on its platform yesterday, with open interest on the crypto options and futures exchange reaching an all-time high of over $29 billion. The platform's customer assets reached a record high of $4 billion, and the exchange's 24-hour trading volume reached $12.4 billion, also an all-time high.
“Note to Self: Stay Humble”, Deribit I have written With X.
On the other hand, Coinbase Institutional's official X account is I got it. The company's U.S.-regulated futures exchange saw a record number of unique users per day on February 29, more specifically, more than 850, which led to the platform's daily increase in Bitcoin and Ether. It contributed to the second-highest single-day trading volume in history with approximately $380 million in notional principal trading volume. contract.
“Coinbase Derivatives is committed to fostering a fair, transparent, trustworthy, and efficient marketplace for diverse participants,” the company said. I have written At X, he added, “stay tuned as we build more products and better infrastructure to meet this growing demand.”
Greeks.live too report It has record daily trading volumes through its platform, with $620 million in options trading volume.
The cryptocurrency market frenzy is primarily driven by demand for a newly launched Bitcoin exchange-traded fund in the U.S. Coupled with the declining supply of Bitcoin, “the upward spiral could continue for some time.” Eric Balchunas, senior ETF analyst at Bloomberg, explained.
Balciunas' comments come as the U.S. Spot Bitcoin ETF generated record net inflows of $673.4 million on Wednesday, surpassing its all-time high of $655.2 million on its opening day on January 11. It was announced in response to this.
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