So far, 2022 marked quite an impressive year for the BTCetc ETN Futures. The traded notional exceeded EUR 100 million compared to last year’s EUR 20 million (+408%).
Since launch in September 2021, the traded notional climbs up to EUR 120 million. The open interest is presently at approximately EUR 10 million notional.
The increase in volatility in the markets have triggered higher activity in the product.
The Futures are quoted constantly at all times between 9AM and 5:30PM CET.
During March and April, the spread on inside market in the front month expiry was 5 cents or less during more than 60 percent of the trading day.
In basis points, the inside market in the front month quoted less than 10 basis points for almost half of the trading day.
Source: Eurex
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
The SEC would make it impossible to innovate by classifying non-financial platforms as financial applications.
-
The asset manager wants to list the trust as a spot Ethereum ETF.
-
In partnership with Galaxy Digital Holdings, the ETCs give investors access to bitcoin and ethereum.
-
Coinbase is the largest and first international cryptocurrency exchange registered in Canada.
-
Assets invested in crypto ETFs and ETPs have increased 358.9% during 2024.