Cash-Margined Bitcoin Futures are More Popular Than Ever as Open Interest Reaches New Highs
CME futures open interest nears all-time high with 165k BTC, signaling a maturing and stable market.
CME futures open interest nears all-time high with 165k BTC, signaling a maturing and stable market.
Friday contracts debuted on Sept. 30 with a bang, becoming CME’s most successful crypto futures launch ever.
The latest price moves in crypto markets in context for Oct. 11, 2024.
Bitnomial’s action follows a similar suit filed by Crypto.com on Tuesday.
Binance already offers NEIRO tokens as a futures product. But the surprise spot listing of a different NEIRO has fuelled a rocket rally.
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ether ETFs, according to CCData.
Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.
Open interest in XRP-tracked futures has nearly doubled over the past seven days, which is indicative of traders’ expectations of price volatility ahead.
Most ETF inflows are likely part of a non-directional strategy, not outright bullish bets.
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.