On 25 August, the trading volume of Bakkt’s bitcoin futures reached $147.7 million. This marks a new all-time high.
ICYMI: Tuesday’s Bakkt Bitcoin Monthly Futures:
📈 Traded contracts: 12791 ($147.70 million, +15%) (New ATH 🚀)
🚀 All time high: 12791 (8/25/2020)
💰 Open interest: $9.41 million (-10%)Did I help you by crunching data? Send me some sats: https://t.co/TF6sNUwWpO pic.twitter.com/j8x5yV0NkO
— Bakkt Volume Bot (@BakktBot) August 26, 2020
Open interest (OI) on Bakkt stood at $9.41 million. Investors’ greatest interest is in physically settled contracts.
Another strong session for Bakkt #bitcoin futures yesterday
Seeing significant pickup in volumes over the last month with in particular good interest for the physically-settled contracts pic.twitter.com/r6uP3RfY3b
— skew (@skewdotcom) August 25, 2020
The previous record at $132 million on Bakkt was recorded in early August.
As noted, on August 18, open interest for bitcoin futures reached an all-time high at $5.8 billion.
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