On Wednesday, April 25, the Chicago Option Exchange (CBOE) reported record volumes of bitcoin futures trading. The number of deals exceeded the average daily rate by almost three times.
CBOE Options Institute senior instructor Kevin Davitt said that the “average daily volume (ADV) runs about 6,600 in XBT Bitcoin Futures. Yesterday’s volume was nearly three times ADV.”
The May futures were leading with 18 210 contracts concluded, and for all the futures about 19 000 transactions were conducted. The previous peak was on January 17 (15 500 contracts).
A similar increase can be seen on the CME. From Tuesday to Wednesday the number of transactions on XBT-futures has doubled reaching 11 000.