Bitcoin Futures Contracts Reach $56.53 Billion Open Interest, Led by CME and Binance

As of April 14th, COINOTAG reports a significant figure in the crypto landscape with an open interest in Bitcoin futures contracts standing at 669,380 BTC, equating to roughly $56.53 billion. The data, sourced from Coinglass, highlights a competitive market atmosphere. Notably, the CME Bitcoin futures lead with an open interest of 138,040 BTC, valued around $11.65 billion, solidifying its position as the top exchange in this segment. Following closely is Binance, where Bitcoin futures contracts show an open interest of 113,030 BTC, translating to approximately $9.55 billion. This distribution underscores the ongoing engagement of institutional and retail investors in Bitcoin derivatives, reflecting confidence in the digital asset’s market fundamentals and long-term viability.