Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K
Bitcoin has added $30,000 since Donald Trump won the U.S. presidential election and closing in on a $2 trillion market cap.
CME
Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
“It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week,” one observer said, noting pricier puts on the CME.
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData.
CME’s Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME’s Giovanni Vicioso said.
Coinbase Shares Sink 9% on Report CME to Consider Listing Spot Bitcoin
The stock was the second worst performing among crypto stocks on Thursday.
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.
CME Trading Volume Reached Highest in 3 Years After Bitcoin ETF Approval
The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.
Spot Bitcoin ETF Approval Will Trigger ‘Selling Pressure’ on CME Futures Market: K33
Bitcoin futures’ open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.