Bitcoin futures open interest market share dropped to 38%, the lowest level in the past two years

According to Coinalyze statistics, the market share of open positions in Bitcoin futures has dropped from 50% to 38% in the past two months, the lowest level in nearly two years. Coinalyze said: "It seems that 'all' funds are now entering altcoins, which explains why BTC's dominance in open positions in futures has declined." Data shows that risk appetite in the crypto market has increased, which is a common occurrence after a significant increase in Bitcoin. (CoinDesk)