CME Bitcoin Open Interest Hits Record High on Institutional Demand

Institutional investors are driving record-breaking Bitcoin open interest on the Chicago Mercantile Exchange (CME), pushing futures premiums to 5-month highs. This surge suggests strong confidence in Bitcoin’s potential for short-term growth. CME’s Bitcoin futures market now shows an open interest (OI) level of 172,430 BTC. This growth comes primarily from direct market participants, not futures-based The post CME Bitcoin Open Interest Hits Record High on Institutional Demand appeared first on Coin Edition .

Source: Coin Edition