CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional Inflows
Open interest surged to $976 million Monday.
Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.
Ethereum futures are now live on the CME exchange. But what does that mean exactly and how do you trade them?
CME's micro futures contract will provide institutions and individual traders one more tool to hedge their spot market risks.
Blu Putnam said gold's ongoing production, likely to increase this year, contrasts with bitcoin's fixed supply.
Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase.
Open interest for CME bitcoin futures made a new all-time high of just under $500 million on Friday. CME’s bitcoin futures market are growing faster than nearly every other bitcoin futures market on a percentage and real growth basis.