While optimism about the approval of spot Bitcoin exchange-traded funds (ETFs) continues, institutional investors’ interest in the market continues.
Depository Trust & Clearing Corp. As a result of sharing the code of BlackRock’s ETF on the (DTCC) site, Bitcoin, Rising to $35,000, reaching a 17-month high saw.
Reflecting the value of positions in the derivative market after this rapid rise in price in open positions There was a decline. It is assumed that most of this decrease is due to liquidations.
While there is a decline in cryptocurrency exchanges, institutional investors The opposite picture emerged in his preferred Chicago Mercantile Exchange (CME).
According to this data, open positions in CME increased for the first time in history. 100,000 Bitcoins ($3.4 billion) It went above and beyond and broke the record.
K33Research senior analyst Vetle Lunde to share CME’s market share when perpetual futures contracts are included A record reaching 25% broke and approached Binance.
