Cash-Margined Bitcoin Futures are More Popular Than Ever as Open Interest Reaches...

Cash-Margined Bitcoin Futures are More Popular Than Ever as Open Interest Reaches New Highs

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Source: Coindesk.com

Bitcoin Futures open interest is nearing all-time highs, currently valued at approximately 478k BTC ($31.8 billion). Open interest in cash-margined futures has reached an all-time high of 384k BTC ($25.5 billion), driven primarily by institutional activity on the CME. Crypto-margin as a percentage of total open interest is approaching an all-time low, currently around 18.5%.

Read More https://www.coindesk.com/markets/2024/10/15/cash-margined-bitcoin-futures-are-more-popular-than-ever-as-open-interest-reaches-new-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Cash-Margined Bitcoin Futures are More Popular Than Ever as Open Interest Reaches New Highs" appeared first here Coindesk.com.

Source: Coindesk.com

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