Stock Groups

CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K By Cointelegraph


© Reuters.

OI for open interestBTC) Futures trading on the Chicago Mercantile Exchange (CME) We are moving closer to breaking a new high recordThursday: Bitcoin recovered its 5-month peak of $58,550 via BitStamp

CME Group’s (NASDAQ) Bitcoin Futures exchange had $3.22 trillion in outstanding derivatives contracts, data from ByBt.com shows. That is only $40 million lower than the record set back in February 2021. The OI, however, was still higher than the OI at Bitcoin’s peak in April.

open interest. Source: ByBt.com
Bitcoin futures — volume and open interest. Source: CME
Futures exposure changes. Source: CFTC, Forbes
Bitcoin Futures premium against spot prices. Source: Skew