
Cryptocurrencies
Record CME BTC Open Interest Indicates Institutional Optimism on Bitcoin Price
Record CME BTC Open Interest Indicates Institutional Confidence in Bitcoin Price
Bitcoin’s options markets are gaining significant traction at the CME (Chicago Mercantile Exchange). Recent reports indicate that the total volume traded over the past ten days has exceeded $140 million, fueled by institutional investors actively engaging in call options.
A call option allows the buyer to purchase an asset at a fixed price on a specified future date. In exchange for this opportunity, the investor pays an upfront premium to the seller of the call option.