CME Exchange Hits $3 Trillion in Crypto Futures Volume with 24/7 Trading Rollout
CME Group's cryptocurrency futures trading volume has surged to $3 trillion in notional value as the exchange transitions to near-continuous trading on its Globex platform. This MOVE eliminates weekday trading gaps, maintaining only a two-hour weekend maintenance window. Average daily volume for crypto futures jumped 47% year-over-year to 403,900 contracts through 2025, with open interest climbing 7%.
"Client demand for crypto risk management tools is unprecedented," stated Tim McCourt, CME's Global Head of Equities and Crypto Products. The shift to 24/7 operations allows institutional traders to hedge exposures around the clock while maintaining clearing and settlement on business days. Weekend trades will carry Monday's date for processing.
This expansion reflects the growing institutional participation in crypto derivatives, with CME's regulated contracts becoming a preferred venue for managing Bitcoin and ethereum volatility. The exchange reported record activity across its suite of crypto products, including options and micro-sized futures.