CME Bitcoin Futures Open Interest Surpasses 100,000 BTC, One-Month Call-Put Skew Hits 31-Month High, Surpassing Binance

The Chicago Mercantile Exchange (CME) has achieved a significant milestone as its Bitcoin futures open interest surpassed 100,000 BTC for the first time ever, surpassing Binance. Additionally, the one-month call-put skew for Bitcoin surged above 10%, marking a 31-month high, indicating a strong demand for bullish calls. This surge in open interest and options indicates a growing presence of institutions in the cryptocurrency market.