Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. … Read more

Crypto Derivatives Exchange Bitmex Ventures Into Options Trading

On Wednesday, the cryptocurrency exchange and derivatives trading platform Bitmex declared its introduction of new trading options. Users now have the opportunity to engage in a broad selection of crypto options, which are margined in bitcoin, USDT, or USDC. Bitmex Introduces Options Trading On Wednesday, the crypto firm Bitmex, established in 2014 by Arthur Hayes, … Read more

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. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching … Read more

Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows 

The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing Derivatives Market Friday, March 8, 2024, marked a notable day when BTC … Read more

Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run

Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin futures to hit an unprecedented level, exceeding … Read more

Rising Crypto Prices and Growing Confidence: A Look At Bitcoin’s Open Interest

As cryptocurrency markets experience a resurgence in prices, traders are showing increased confidence and a willingness to take on more risk. One of the key indicators of this growing market sentiment is the surge in open interest, especially in the case of Bitcoin, which has seen a remarkable $922 million increase in open interest in … Read more