Bitcoin Futures Open Interest Hits 67,917 BTC with CME Leading at $1.637 Billion on July 9

As of July 9, Bitcoin futures open interest reached a significant milestone, with total network contracts amounting to 67,917 BTC, valued at approximately $7.359 billion, according to Coinglass data. The Chicago Mercantile Exchange (CME) led the market with an open interest of 15,118 BTC, equivalent to around $1.637 billion, underscoring its dominance in institutional Bitcoin derivatives trading. Binance followed closely, holding 10,926 BTC in open interest, valued at roughly $1.183 billion, reflecting its strong presence in the retail and global crypto futures market. These figures highlight the sustained investor appetite for Bitcoin derivatives, signaling robust liquidity and active participation across major trading platforms. Market participants should monitor these metrics as they provide critical insights into market sentiment and potential price volatility within the Bitcoin futures ecosystem.