Futures relevancy recovering

CME’s open interest has surged to a new all-time high in notional terms of 98,725 BTC, surpassing October 25, 2021, highs of 93,628 BTC.
Source: Skew, CME Group

All-time high open interest on CME

CME’s open interest has surged to a new all-time high in notional terms of 98,725 BTC, surpassing October 25, 2021, highs of 93,628 BTC. The growth coincides with a growing presence from direct market participants, representing 56% of the open interest, up from 39% on November 3. The growth also coincides with bearish positioning.

Link copied to clipboard.