Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching new peaks. As of 1:25 p.m. Eastern Time on Friday, data from coinglass.com reveals that BTC futures boast an open interest (OI) of $37.55 billion, equivalent to approximately 539,430 BTC.
Source
@Bitcoin_Ethereum_Altcoins
