Bitcoin Futures Open Interest Hits $609.9 Billion: CME and Binance Lead the Market

As of December 26, recent statistics from Coinglass indicate that the total open interest for Bitcoin futures contracts has reached an impressive 615,830 BTC, which is valued at roughly $609.9 billion. Dominating this market is the CME Bitcoin futures contract, which boasts an open interest of 193,580 BTC (around $19.1 billion), making it the leader in this sector. Following closely is the Binance Bitcoin futures contract with an open interest of 127,170 BTC (approximately $12.6 billion), securing the second position. These figures highlight the robust demand for Bitcoin futures, reflecting the ongoing interest and engagement in cryptocurrency markets. Investors and analysts alike continue to monitor these metrics as they provide critical insights into market sentiment and liquidity in the ever-evolving landscape of digital assets.

Source: https://en.coinotag.com/breakingnews/bitcoin-futures-open-interest-hits-609-9-billion-cme-and-binance-lead-the-market/