Bitcoin Futures Open Interest Hits $64.11 Billion: CME and Binance Lead the Market

According to recent statistics from Coinglass, the **open interest** for **Bitcoin** futures contracts has reached a substantial 663,740 BTC, translating to approximately **$64.11 billion**. This significant figure underscores the growing interest in the Bitcoin derivatives market, highlighting its pivotal role in investment strategies. Notably, the **Chicago Mercantile Exchange (CME)** leads with an open interest of **142,110 BTC** (around **$13.72 billion**), emphasizing its dominance in the trading landscape. Following closely is **Binance**, with an open interest of **112,620 BTC** (approximately **$10.88 billion**), reinforcing its position as a major player in the crypto arena. As institutional participation intensifies, keeping an eye on these metrics is essential for investors looking to navigate the dynamic environment of cryptocurrency futures.