Bitcoin Futures Open Interest Hits $77 Billion: CME and Binance Lead the Market

As of May 30th, recent insights from Coinglass indicate that the total open interest in Bitcoin futures contracts has reached an impressive figure of 721,750 BTC, valued at approximately $77.18 billion. Notably, the CME Group leads the market with an open interest of 157,020 BTC (around $16.78 billion), firmly establishing its position in the futures landscape. Following closely, Binance holds the second position with an open interest of 120,600 BTC, translating to roughly $12.9 billion. This data underscores a robust interest in Bitcoin derivatives, reflecting traders’ strategies amid evolving market dynamics. As institutional participation continues to rise, monitoring these trends becomes essential for understanding the broader implications in the cryptocurrency ecosystem.