According to rhythm BlockBeats, on August 12, the open interest price of Bitcoin futures on the Chicago Mercantile Exchange reached US$841 million, a record high. The chart above shows how the benchmark has continued to maintain favorable terrain since mid-March, with the last 10

2025/05/2312:59:34 hotcomm 1450
According to rhythm BlockBeats, on August 12, the open interest price of Bitcoin futures on the Chicago Mercantile Exchange reached US$841 million, a record high. The chart above shows how the benchmark has continued to maintain favorable terrain since mid-March, with the last 10 - DayDayNews

Disclaimer: This article is intended to convey more market information and does not constitute any investment advice. The article only represents the author's views and does not represent the official position of Mars Finance.

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Source: Block rhythm BlockBeats

Rhythm BlockBeats News, on August 12, the open-closed price of Bitcoin (BTC) futures on the Chicago Mercantile Exchange reached US$841 million, a record high. Further highlighting institutional investors' growing interest in Bitcoin.

According to rhythm BlockBeats, on August 12, the open interest price of Bitcoin futures on the Chicago Mercantile Exchange reached US$841 million, a record high. The chart above shows how the benchmark has continued to maintain favorable terrain since mid-March, with the last 10 - DayDayNews

Although this cannot be considered bullish alone, it does show that professional investors' interest in Bitcoin is still growing at an extremely high rate. The best way to measure investors' sentiment towards futures contracts is to measure the premium of futures contracts relative to the price of Bitcoin on spot exchanges. Typically, this indicator for a 1-month contract for CME futures should show a premium of 0.5% to 1%.

On the other hand, excessive premiums create arbitrage opportunities because people can sell futures contracts in the spot market while buying the same amount of futures. This is a neutral market strategy, commonly known as "positive arbitrage". The chart above

shows how the benchmark has continued to maintain favorable terrain since mid-March, and has been maintained above a 1% premium for the last 10 consecutive days.

According to rhythm BlockBeats, on August 12, the open interest price of Bitcoin futures on the Chicago Mercantile Exchange reached US$841 million, a record high. The chart above shows how the benchmark has continued to maintain favorable terrain since mid-March, with the last 10 - DayDayNews

The Bitcoin options market on the Chicago Mercantile Exchange is relatively new and has just been launched in January 2020. While the Chicago Mercantile Exchange reached an astonishing $440 million open position at the end of June, the Chicago Mercantile Exchange's open position is obviously modest compared to the old-fashioned trading platform Deribit. As it stands, 66% of CME's open interest will expire on August 28 and another 14% of open interest will expire at the end of September.

According to rhythm BlockBeats, on August 12, the open interest price of Bitcoin futures on the Chicago Mercantile Exchange reached US$841 million, a record high. The chart above shows how the benchmark has continued to maintain favorable terrain since mid-March, with the last 10 - DayDayNews

Data source Skew

Currently, the number of open positions below $10,000 is 44,700, totaling $514 million. This figure only accounts for 28% of the current total open position amount of $1.84 billion, showing bullish sentiment in the options market and also confirming the call option analysis of the Chicago Mercantile Exchange.

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