SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing
Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.
Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.
The notional open interest in BTC options worldwide stood at $17.5 billion at press time, while open interest in the futures market was $15.84 billion.
Cboe will become the first regulated U.S. exchange to offer both spot and futures markets on a single platform.
CME’s rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.
Every evvel in a while, open interest sees a spike in a relatively short amount of time. When that happens, it nearly always marks a turning point for bitcoin prices, one observer noted.
With a notional open interest (OI) of $3.54 billion, CME is now the second-largest bitcoin futures exchange.
There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.
The futures contracts will trade on the Montreal Exchange and will be cash-settled and denominated in U.S. dollars, the exchange said.
The latest price moves in crypto markets in context for Oct. 3, 2023.
“Pretty meh volume” for the group, said one analyst.