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CME Surpasses Binance in BTC Futures with Institutional Dominance
The crypto derivatives market is getting significant attention with the latest upsurge. As per the latest report from CoinGlass, the Chicago Mercantile Exchange (CME) has successfully outperformed Binance in open interest in Bitcoin ($BTC). This development indicates a staggering shift toward institution-friendly and regulated platforms, led by heightened contributions from asset management firms. The exclusive market data reveals that the increased open interest in CME-based Bitcoin ($BTC) futures in comparison with Binance $BTC futures. Specifically, the Chicago Mercantile Exchange has registered 158,300 $BTC in ... (full story)
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