According to @MilkRoadDaily, BTC futures have reached $700 trillion in notional volume, roughly six times global GDP, and are described as one of the most traded markets globally (source: @MilkRoadDaily, X post dated Sep 10, 2025). For context, the World Bank estimates 2023 global GDP at about $105 trillion, aligning with the 6x ratio (source: World Bank, World Development Indicators). This scale typically coincides with deep liquidity but higher sensitivity to leverage-driven moves in BTC, a dynamic documented in research on crypto derivatives’ amplification of price swings (source: Bank for International Settlements, Quarterly Review analyses on crypto derivatives). Regulated venue participation underscores this liquidity profile for traders monitoring basis, funding, and open interest (source: CME Group, BTC futures and monthly volume reports).