CME Bitcoin Options Open Interest Hits All-Time High
According to data from The Block, open interest in Bitcoin options on the Chicago Mercantile Exchange (CME) has reached nearly $2 billion, setting a new record. The increase in open interest indicates high market liquidity and widespread participation. Open interest refers to the total number of outstanding options contracts that have not been exercised. An increase in open interest suggests heightened activity among sophisticated traders, with new contracts being created and added to existing ones.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After Israel's airstrike on Iran, $100 million in crypto long positions were liquidated.
Wyoming Becomes the "Registration Hotspot" in the US, Challenging Delaware LLC's Status
Trending news
MoreCrypto prices
More
