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Binance retakes leads over CME as top Bitcoin futures market | Crypto | Ethereum | Bitcoin

Binance retakes leads over CME as top Bitcoin futures market

Binance has overtaken CME as the leading exchange in terms of Bitcoin futures open interest once again. This change in ranking represents the total amount of funds allocated in open futures contracts, which now stands at approximately 105,000 BTC on Binance and roughly 101,000 BTC on CME. The data reveals a key trend: the rotation from futures such as BITO into cheaper spot Bitcoin ETF products, triggered by the approval of the ETF.

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@Crypto_Ethereum_Bitcoin