28 Jun 2023

CME OI nearing all-time highs

The BlackRock announcement, in combination with the launch of EDX Markets and multiple ETF re-filings, contributed to revitalizing institutional activity in BTC over the past week.
CME BTC IO June 27
CME’s BTC-denominated OI surged by 39.8%, the third-largest weekly growth since October 2019. As of the Friday close, the OI in CME’s BTC futures sat at 93,750 BTC, nearing all-time highs from November 2022.
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