CME Rises to Second-Largest Bitcoin Futures Exchange on Open Interest Surge
CME Bitcoin futures open interest has surged, allowing the platform to capture a 25% market share in Bitcoin futures. As of October 30, CME’s open interest reached $3.58 billion, moving it up to the second position among BTC futures exchanges.
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It’s now just a few million dollars behind Binance, which has $3.9 billion in open interest, surpassing Bybit and OKX with $2.6 billion and $1.78 billion, respectively. This signifies CME’s growing influence in the Bitcoin futures market. Read More...