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CME Bitcoin Futures Open Interest Hits All-Time High of 179,745 BTC, Totaling $20 Billion

CME's open interest in Bitcoin futures has reached new notional all-time highs, closing at 179,745 BTC on October 17, 2024
By: DeepNewz • October 17, 2024
CME Bitcoin Futures Open Interest Hits All-Time High of 179,745 BTC, Totaling $20 Billion

CME's open interest in Bitcoin futures has reached new notional all-time highs, closing at 179,745 BTC on October 17, 2024. This marks a significant increase of 32,440 BTC since October 10, driven by active market participants, seeing a weekly growth in exposure of 40%. The surge in open interest has also led to futures premiums climbing to five-month highs. Additionally, Bitcoin's open interest across all exchanges has hit a new all-time high of $20 billion.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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