After all, the Bitcoin price had 3 stabs at the $8,300 mark, but it failed to move above this level so far. ThinkMarkets, BloombergOne of the major regulated Bitcoin futures exchanges, CME, is clocking record volumes for the month of May in terms of Bitcoin futures. Since the Bitcoin futures were launched, the exchange has traded nearly 1.6MM contracts representing the notional value of $50 billion. The highest volume of Bitcoin futures traded was 33,677 on May 13. Increase in these new accounts and Bitcoin futures volume shows that institutions have found a way of using the Bitcoin futures along with their traditional assets.

Source: Forbes May 23, 2019 10:30 UTC