The open interest in BTC futures continues to increase after Bitcoin ETF notes in the last month-finance

The open interest for Bitcoin futures remains high on October 22nd after the introduction of the first Bitcoin Exchange Traded Fund (ETF). While Binance has $ 5.81 billion and leads the top group, the CME Group holds the second largest position in terms of Bitcoin futures open interest (OI) with $ 4.1 billion or 16.84% of the total oi.

top ten derivative platforms dominate more than 97% of the open interest in Bitcoin futures

Bitcoin derivatives have been swollen a lot lately, and after the introduction of Bitcoin futures ETFs from Proshares and Valkyrie, Bitcoin futures have experienced significant market movements. According to Valkyries ETF ( NASDAQ: Btf ) started, the analysis group SKEW tweeted that the Bitcoin-Futures-oi of the CME Group tweets has achieved a new all -time high.

In the first week of November, the open interest for Bitcoin futures on all crypto derivative platforms is Coinglass.com Statistics. The top ten derivative platforms that offer Bitcoin futures have $ 23.68 billion or more than 97% of the OI. The cryptocurrency trading platform Binance is a leader in terms of Bitcoin-Futures with 73 billion US dollar in global volume between 54 different Cryptoma markets.

Bitcoin futures of the CME Group open up interest in more than 16% of the aggregated OI

In terms of Bitcoin-Futures, Binance holds 5.81 billion to OI, which 23.9 % of all btc Futures positions. In the meantime, the world's largest stock exchange for financial derivatives, the Chicago Mercantile Exchange (CME) Group, 16.84 % or $ 4.1 billion in open interests.

Apart from Binance and CME Group, the top ten crypto derivative platforms in relation to Bitcoin-Futures Oi Exchange such as FTX (USD 3.84 billion), BYBIT (USD 3,63 billion), OKEX (USD 2.21 billion), Deribit (USD 1.49 billion), Bitfinex ($ 827.71). M), Bitmex ($ 752.43 million), Bitget ($ 557.5 million) and Huobi ($ 485.59 million).

Bitcoin ETF markets follow the spot market trends

In terms of crypto derivatives, 627 crypto futures and perpetuals on a broad front, FTX holds the second largest global volume after Binance with $ 13.4 billion in 24 hours. In addition, similar to Bitcoin ( btc ) Spotmarkt consolidation period, the bitcoin-feutures-ETFS of proshares Target = "_ blank" href = "https://www.google.com/finance/quote/bito:nya?sa=x&ved=2ahukewiv5t_hyd0ahwivabhebdbueq3ecfegqinxau&window=max" Rel = "noopener"> nyse: Bito ) Valkyries have taken similar paths.

While Bito was replaced in October at a maximum of $ 43.28, the shares are currently exchanged for $ 39.30. The stock market -traded fund BTF reached a high of $ 25.25, but is now changing the owner for 24.23.

What do you think of the Bitcoin Futures campaign in the last weeks after the ETF starts? Share your opinion on this topic in the comment area below.

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