According to The Block Pro data, the open interest of Bitcoin and Ethereum futures fell in August. The open interest of Bitcoin futures fell by 14% in August, and the open interest of Ethereum futures fell by 18%.
In terms of futures trading volume, Bitcoin futures trading volume fell 5.3% in August to $603 billion.
The open interest of CME Bitcoin futures fell by 4.8% in August to $2.23 billion, and the average daily turnover fell even more, reaching 16.6% to about $1.37 billion.
However, in terms of cryptocurrency options, both Bitcoin and Ethereum option positions increased in August, with Bitcoin option positions increasing by 13% and Ethereum option positions increasing by 16%.
In addition, in terms of the trading volume of Bitcoin and Ethereum options, Bitcoin and Ethereum also experienced a general increase. Among them, the trading volume of Bitcoin options increased by 11% in August to 21 billion US dollars.
Ethereum options volume rose 5.1 percent to $11.2 billion.