Bitcoin (BTC) futures options from CME Group saw volumes in excess of $2.3 meg on the product's first day of public trading, the company has confirmed.

Information from CME's official website confirmed the successful rollout on Jan. 13, which began every bit scheduled and ultimately saw 55 contracts modify easily.

Investors lap upwardly BTC options products

Each contract corresponds to v BTC, meaning that at current prices, the 55 contracts were worth $2.34 1000000.

Bitcoin markets rallied on release day, rising by more than 5% to hit highs of $8,550. Those levels had previously remained absent since mid-November.

Every bit Cointelegraph reported, enthusiasm was palpable in advance of the options debut last calendar week, with Bitcoin likewise gaining significantly in the run-up to Monday. CME, along with competitor Bakkt, reported increased interest in futures during that menstruation.

For Mon, Bakkt's futures delivered total volumes of 2,907 contracts worth $19.94 million, notwithstanding downwards 10% on the previous session. At the same fourth dimension, open up involvement was up 7% to $ix.58 meg.

FTX reported volumes spike

The past seven days have in fact seen 2 options releases, the other being from FTX, which began trading days earlier CME.

Co-ordinate to live visitor data, FTX saw reported volumes of 3,618 BTC ($xxx.8 million) for its options over the past 24 hours — conspicuously higher than others' figures.

Cointelegraph reached out to CME and Bakkt but had not received a response equally of press time.