Institutional & derivatives growth
According to CME Group, Q3 2025 saw crypto futures and options volumes hit a record (notional futures+options > $900 billion) and average daily open interest reached ~$31.3 billion.
The analysis from VanEck points out that the recent pullback in Bitcoin reflects a “liquidity-driven mid-cycle reset,” with leverage normalising and on-chain activity rising.
In early October a report noted that global crypto ETFs pulled in ~US$5.95 billion in one week around Oct 4.
#Crypto