The value of open CME bitcoin futures exceeded $ 1 billion
Open interest in CME Group’s settled bitcoin futures hit an all-time high of $ 1 billion.
This happened after the BTC rate rose above $ 18 thousand. The increase in the value of outstanding futures contracts means that investors are actively investing in the market, expecting its growth in the near future.
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Currently, these derivatives are in high demand. According to a study by The Block, they are now in the top 60 of all CME futures in terms of open interest.
Traders also note an increase in interest in cryptocurrency options, the value of open positions on which reached $ 3.8 billion on Monday.
, WSJ, graphic: Skew