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%.
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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
