CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment.
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Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals.
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On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February 8, 2021. While bitcoin (BTC) has touched a new […]
The post CME Group to Launch Ethereum Futures in February Pending Regulatory Approval appeared first on Bitcoin News.
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Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created more demand for CME’s bitcoin […]
The post CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market appeared first on Bitcoin News.
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The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. Data shows that the Bitcoin Mercantile Exchange (Bitmex) open interest for bitcoin futures has taken a […]
The post CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto appeared first on Bitcoin News.
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Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts. On Tuesday, the price of bitcoin […]
The post Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead appeared first on Bitcoin News.
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Volumes on bitcoin futures offered by Bakkt set a record high on July 27, with 11,500 contracts traded on the institutional exchange. Altogether, the contracts are worth about $126 million, at the time of writing. Each contract is equivalent to one bitcoin (BTC). Total open interest – an indicator of the total number of outstanding […]
The post Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High appeared first on Bitcoin News.
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Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. In May, derivatives – contracts signed by at least two […]
The post Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020 appeared first on Bitcoin News.
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Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, […]
The post Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance appeared first on Bitcoin News.
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CME Bitcoin options open interest has soared to $142 million in the first half of May, marking an increase of over 10 times the value at the end of last month.
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