CME Overtakes Binance as Leading Bitcoin Futures Trading Venue

The CME Continues to Gain Market Share

“The CME has been gaining market share for almost all of 2023, but these gains intensified over the past few weeks as market excitement around the BTC spot ETF applications soared,” David Lawant, head of research at trading platform FalconX, told CoinDesk in a note.

Market Excitement Around BTC Spot ETF Applications

The Chicago Mercantile Exchange (CME) has been experiencing a significant increase in market share throughout 2023. According to David Lawant, head of research at trading platform FalconX, these gains have intensified in recent weeks due to the growing excitement surrounding BTC spot ETF applications.

This development has garnered attention from industry experts and analysts, as it reflects the evolving landscape of cryptocurrency trading and investment.

For more information on the CME’s market share and the impact of BTC spot ETF applications, visit here.

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J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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