Data gathered by a number of research and media outlets reflect a significant surge in futures volumes across multiple exchanges in the month of October, reports Cointelegraph.
400 BTC contracts are set to expire in October at Bakkt. Month-over-month, the data shows a 14% jump from September. LMAX Digital and CME are also continuously posting large demand. Since Oct. 2, following the monthly expiry for September, CME’s Bitcoin open interest rose from $345 million to $561 million.