Bitcoin

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<ul class="news-points"> 
 <li><strong>The Chicago Mercantile Exchange (CME) has become the largest bitcoin futures exchange by open interest.</strong></li> 
 <li><strong>CME has $3.99 billion in open positions across 108,900 bitcoin contracts.</strong></li> 
 <li><strong>Binance trails CME with $3.77 billion in open interest, down 12.76% in the last 24 hours.</strong></li> 
</ul> 
<p>The Chicago Mercantile Exchange (CME) has surpassed <a href="https://coinedition.com/tag/binance-news/">crypto exchange Binance</a> as the largest bitcoin futures exchange by open interest. According to data from Coinglass, CME now has $3.99 billion in open positions across 108,900 bitcoin contracts. This represents 24.3% of the total bitcoin futures market.</p> 
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   <p lang="en" dir="ltr">CME BTC futures contract positions increased by 4.17% in the past 24 hours to 111,100 BTC, with a position value of $4.08 billion, accounting for 24.77% of the entire network. For the first time in history, it has surpassed Binance (103,800 BTC) and has become the exchange with…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1722782490530898096?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 10, 2023</a>
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<p>Binance trails CME with $3.77 billion in open interest, down 12.76% in the last 24 hours. Its 102,790 bitcoin contracts now make up 22.97% of the total market. CME’s rise to become the top bitcoin futures exchange by open interest highlights growing demand from instit…</p>
<p>The post <a href="https://coinedition.com/institutional-demand-surges-cme-tops-binance-in-bitcoin-futures/">Institutional Demand Surges: CME Tops Binance in Bitcoin Futures</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Institutional Demand Surges: CME Tops Binance in Bitcoin Futures

Coin Edition

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