The post Bitcoin Futures Surge: Open Interest Reaches $54.4 Billion with CME and Binance Leading the Way appeared on BitcoinEthereumNews.com.

According to recent data from Coinglass on April 18th, the overall open interest in Bitcoin futures contracts across various exchanges has reached a substantial total of 641,290 BTC, equivalent to approximately $54.4 billion. This figure highlights the growing interest among investors and market participants in the cryptocurrency sector. Notably, the CME (Chicago Mercantile Exchange) leads the market with an impressive open interest of 142,300 BTC, which translates to around $12.05 billion. Following closely, Binance holds the second position with a reported open interest of 111,730 BTC, or about $9.48 billion. These statistics reflect the evolving landscape of cryptocurrency derivatives, indicating a robust appetite for Bitcoin trading amid fluctuating market conditions. Source: https://en.coinotag.com/breakingnews/bitcoin-futures-surge-open-interest-reaches-54-4-billion-with-cme-and-binance-leading-the-way/

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Filed under: News - @ April 17, 2025 7:28 pm