‘Smart Money’ Is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by MacroMicro show.
CME
CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?
(Danny Nelson/CoinDesk)
Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.