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Open Interest in CME Bitcoin Futures Rises 70% as Institutions Return to Market

Open interest in bitcoin futures listed on the CME has recovered significantly from March’s lows, signaling a resurgence of institutional participation.

Open interest in CME bitcoin futures are up, signaling more investors want to buy the cryptocurrency. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)
Open interest in CME bitcoin futures are up, signaling more investors want to buy the cryptocurrency. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)