Home CryptocurrencyAltcoin Open Interest on Bitcoin CME Futures Hits Record High of $10B

Open Interest on Bitcoin CME Futures Hits Record High of $10B

by admin



On Friday, a record 28,899 standard futures contracts were open or active on the CME. That amounts to a notional open interest of $10.3 billion at bitcoin’s going market rate of around $71,500. The standard contract, sized at 5 BTC, is widely considered a proxy for institutional activity.

Source link

related posts