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Nine out of ten Bitcoin trades in May were executed on futures desks while spot activity lagged. Only 618,000 BTC traded on spot exchanges in May against 9.12 million BTC in futures contracts.
Futures desks made 9 out of 10 Bitcoin trades in May while spot activity slowed down Futures desks made 9 out of 10 Bitcoin trades in May while spot activity slowed down
Derivatives carried Bitcoin past $111,000 in May while spot desks recorded the lightest activity since February.
3 min read
Updated: May. 28, 2025 at 8:46 am UTC
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.