Bitcoin Futures Open Interest Hits $70 Billion, CME Leads with 148,230 BTC

According to recent data from Coinglass, the total open interest in Bitcoin futures across global exchanges stands at 66,603 BTC, valued at roughly $70.16 billion. Notably, the CME Bitcoin futures market leads with an open interest of 148,230 BTC, equating to approximately $15.6 billion. Binance follows closely, holding an open interest of 11,656 BTC, or about $12.27 billion. These figures underscore the significant liquidity and investor engagement in Bitcoin derivatives, reflecting robust market activity and institutional participation. Monitoring such metrics is crucial for traders and analysts aiming to gauge market sentiment and potential price movements within the cryptocurrency ecosystem.