Chicago Mercantile Exchange (CME) Group reported a massive surge in cryptocurrency trading volume in April, highlighting increasing institutional interest. The average daily volume (ADV) of CME's crypto products soared by 129% year-over-year, reaching 183,000 contracts, representing a nominal value of $8.9 billion. Micro Bitcoin (BTC) and Micro Ether (ETH) futures contracts were significant drivers of this growth. These smaller-sized contracts saw their average daily trading volume increase by an impressive 115% and 165%, respectively. This indicates strong participation from both retail and institutional investors seeking efficient ways to gain exposure to the crypto market. The availability of micro contracts reduces the capital needed for exposure to Bitcoin and Ethereum, which contributes to the high demand. This surge signals continued growth in the digital asset space and the important role of established exchanges like CME in facilitating that expansion. ```

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