CME Climbs to Second Place in Bitcoin Futures Open Interest
CME, a regulated exchange offering Bitcoin futures, ranked second in BTC futures exchanges by notional open interest. CME's open interest reached $3.58 billion, surpassing Bybit and OKX, and now closely follows Binance with $3.9 billion.
Bitcoin open interest measures investment in BTC derivatives, reflecting market sentiment and capital flow. Higher open interest signals bullish sentiment, while lower interest indicates bearish sentiment.
