Category Archive For "Cme"
A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals.
Just over a month since open interest in Bitcoin options hit a record high of $1 billion, the latest figures show that it has increased 50% to break $1.5 billion.
This week Bitcoin price corrected sharply after rejecting at $10,400 but CME BTC futures data shows institutions remain bullish.
CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month.
Open interest has surged to a $400 million high this month, while institutional traders are increasing their exposure, not trading Bitcoin.
The survey found that nearly half of the trading firms that don’t support crypto assets are planning to reconsider their position within 6 months