CME Group Bitcoin Futures’ Open Interest Slides 24% as Spot ETFs Gain Traction
1 year ago
18
The launch of Bitcoin (BTC) spot exchange-traded funds (ETFs) in the United States has impacted investor demand for Bitcoin futures, leading to a decline in open interest. Data compiled by Bloomberg reveals that open interest in CME Group Bitcoin futures contracts dropped by approximately 24%, reaching 20,679 contracts by January 30th, just three weeks after […]
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