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Spot Bitcoin ETF Approval Will Trigger 'Selling Pressure' on CME Futures Market: K33

Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.

By Krisztian Sandor|Edited by Aoyon Ashraf

Updated Mar 8, 2024, 7:34 p.m. Published Jan 9, 2024, 10:03 p.m.

CME bitcoin futures open interest in USD value (CoinGlass)