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Bitcoin futures trading on the Chicago Mercantile Exchange (CME) has achieved a new peak, with open interest surpassing $12.26 billion as of October 18. This remarkable growth, a 36% increase in just two weeks, not only surpasses the previous record set in April but also signals a robust confidence in Bitcoin’s market prospects. The latest figures mark the highest since early April when the open interest was slightly lower at $11.84 billion.
This surge is a clear indication of heightened activity and interest from institutional investors. With CME being a leading regulated derivatives exchange, it offers the necessary regulatory clarity and structured market that attract hedge funds, asset managers, and other professional investors. The record levels of open interest represent a significant endorsement of Bitcoin’s potential, underlining its growing acceptance and adoption in mainstream financial sectors.
