The Chicago Mercantile Exchange (CME) has become the largest bitcoin futures exchange by open interest.
CME has $3.99 billion in open positions across 108,900 bitcoin contracts.
Binance trails CME with $3.77 billion in open interest, down 12.76% in the last 24 hours.
The Chicago Mercantile Exchange (CME) has surpassed crypto exchange Binance 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.
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…
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