CME Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand – Market Updates Bitcoin News
November 11, 2023
The open interest for bitcoin futures on the CME Group has outstripped that of Binance’s futures market, with the former reaching an open interest of $4.06 billion and the latter at $3.87 billion, as bitcoin’s value climbs to new peaks.
CME Leads Bitcoin Futures Rally as Open Interest Swells to $4.06 Billion
The financial sector is closely monitoring the progress of several spot bitcoin (BTC)…