BTC Futures Open Interest Continues to Rise Following Bitcoin | ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸

BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month

Top Ten Derivatives Platforms Command More Than 97% of Bitcoin Futures Open Interest

Bitcoin derivatives have swelled quite a bit in recent times, and following the launch of the Proshares and Valkyrie bitcoin futures ETFs, bitcoin futures have seen significant market action. After Valkyrie’s ETF (Nasdaq:BTF) launched, the analytics group Skew tweeted that CME Group’s bitcoin futures OI reached a new all-time high.

During the first week of November, bitcoin futures open interest across all the crypto derivatives platforms is $24.32 billion according to coinglass.com statistics. The top ten derivatives platforms offering bitcoin futures command $23.68 billion or more than 97% of the OI. The cryptocurrency trading platform Binance is the leader in terms of bitcoin futures with $73 billion in global volume among 54 different crypto markets.

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