Existing Bitcoin Exchange Dwarfs Institutional Volume: Are CME and Bakkt Overhyped?

Despite successful shows of force from CME Group and Bakkt’s Bitcoin options offerings, the majority of volume still goes through Deribit.This squashes fears that the new offerings would be in direct competition with the European firm, and highlights the fact that non-institutional investors seem to prefer unregulated exchanges.
CME Group’s Launch
CME successfully launched Bitcoin options trading on its derivatives exchange earlier this week; offerings like these permit investors to