According to the latest report by CME Group dedicated to its crypto section, cryptocurrency derivatives saw continued growth in 2022 despite turbulence in the market. Clients turned to Chicago’s exchange regulated marketplace offering transparency and price discovery to efficiently transfer risk throughout the year.

Ethereum futures (ETH) traded a record 31.1K contracts on November 8 and nearly 2.5 million total contracts (123M equivalent ether) since launch over a year ago. LOIH reached a record 76 the week of November 22 and averaged a record 63 throughout the quarter.

Micro Ethereum futures (MET) Q4 2022 ADV was 15.8K contracts and OI averaged 35.6K contracts. The futures provide a precise, cost-effective tool to manage Ethereum risk. Since launch in December 2021, over 5.1 million contracts have traded.

Bitcoin futures (BTC) institutional interest continued to increase amid the market volatility throughout Q4. Q4 ADV was over 11.7K, with a record 48.6K contracts traded on November 8. Open interest averaged a record 15.4K, with a single day record 19.5K contracts on November 21. LOIH has averaged a record 101 in Q4 2022, with a record 114 the week of November 22.

Micro Bitcoin futures (MBT) had another successful quarter, with an OI averaging 19.5K contracts, over 7.4M contracts have traded since launch. A record 150 LOIH occurred the week of November 16.

Meanwhile, Goldman Sachs (GS) has ranked Bitcoin (BTCUSD) the best-performing asset this year. The global investment bank also ranked bitcoin as the asset with highest risk-adjusted returns – higher than gold, real estate, and the S&P 500.

According to Goldman Sachs' latest data, Bitcoin is the best performing asset worldwide this year. The relevant tweet contained a Goldman Sachs market performance chart that showed the top 25 markets' total returns and their risk-adjusted year-to date returns.

At 27%, Bitcoin is the top return item. MSCI Emerging Markets Index is at 8%. BTC is also at the top of Goldman Sachs' risk adjusted return list. It has a Sharpe Ratio (3.1) Since the publication of its chart, Bitcoin's price has even further increased. BTCUSD is currently trading at $23,130 as of the writing. This is an increase of more than 39% this year.