As of February 11th, COINOTAG reports that the total open interest for Bitcoin futures across all exchanges has reached a significant 613,710 BTC, equating to approximately $59.67 billion. Notably, the CME (Chicago Mercantile Exchange) dominates the market with an open interest of 167,070 BTC or around $16.23 billion, establishing its position as the leader in Bitcoin futures trading. Following closely is Binance, which holds an open interest of 113,160 BTC, approximately valued at $11 billion, contributing to its status as a major player in the crypto derivatives market. These figures underline the robust demand for Bitcoin futures, illustrating the growing interest from institutional and retail investors alike. The liquidity in the futures market continues to reflect an evolving landscape for cryptocurrency investment.
Source: https://en.coinotag.com/breakingnews/bitcoin-futures-open-interest-reaches-59-67-billion-led-by-cme-and-binance/