Bitcoin futures at CME reached a 2-year peak of $3.65 billion on Nov. 1, indicating increasing institutional interest. Binance's dominance in the centralized exchange market has diminished over the past year. CME's open interest in BTC futures surpassed 100,000 BTC for the first time, reaching 111,100 BTC with a value of $4.08 billion, surpassing Binance. CME has become the largest bitcoin futures exchange by open interest, illustrating growing demand from traditional financial institutions to trade BTC.
CME toppled Binance as the largest bitcoin futures exchange by open interest, CoinGlass data showed Thursday. The change illustrates the growing demand from traditional financial institutions to trade BTC. https://t.co/FCaJqnyG4A
CME #Bitcoin Futures Open Interest Climbs Past Binance, Indicating Growing Institutional Demand https://t.co/bLZsff9y2c
.@CMEGroup toppled @binance as the largest #bitcoin futures exchange by open interest, @coinglass data showed Thursday. The change illustrates the growing demand from traditional financial institutions to trade $BTC. @sndr_krisztian reports https://t.co/sxne0qYDtR
Wall Street giant @CMEGroup surpassed crypto-focused @Binance for the top ranking in $BTC futures amid #bitcoin ETF excitement. @sndr_krisztian reports https://t.co/fU5LxR6b4U
〽️ CME overtakes Binance to grab largest share of Bitcoin futures open interest A number of analysts highlighted the ‘flippening’ of Binance by CME, with the latter overtaking the global cryptocurrency exchange for the largest share of Bitcoin futures open interest. (h/t… https://t.co/0mWddbMvVC https://t.co/WGW9WfwgAH
.@CMEGroup toppled @binance as the largest #bitcoin futures exchange by open interest, @coinglass data showed Thursday. The change illustrates the growing demand from traditional financial institutions to trade $BTC. @sndr_krisztian reports https://t.co/8YEmUPtDci
CME BTC futures contract positions increased by 4.17% in the past 24 hours to 111,100 BTC, with a position value of $4.08 billion, accounting for 24.77% of the entire network. For the first time in history, it has surpassed Binance (103,800 BTC) and has become the exchange with… https://t.co/pSAOskhym3
The day has come. CME > Binance on $BTC futures OI. https://t.co/jAv77e2o6s
CME Futures Open Interest surpassed 100,000 BTC for the first time ever — https://t.co/vVauSb4DyG
$BTC CME futures open interest at new all time high in # of coins. https://t.co/KhY43wymFD
NEW: World's largest crypto exchange Binance adds support for #Bitcoin tokens https://t.co/6NWAwH3MH5
The Nov. 6 report underscores that Binance, holding over 50% of the centralized exchange market, has seen a diminishing dominance in the past year and last three months https://t.co/iTBP0u5m8F
Bitcoin futures at CME hit a 2-year peak, reaching $3.65 billion on Nov. 1, reflecting the increasing institutional interest in Bitcoin. https://t.co/Tk1cNhgO4K