Bitcoin futures open interest is currently at an all-time high as traders expect more upside for BTC’s spot price.
Bakkt breaks another record with more than 11,700 Bitcoin futures contracts traded on Tuesday.
As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest.
$675 million worth of Bitcoin options expired today. Experts debate its potential impact on Bitcoin’s price.
The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets.
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
A New York-based asset manager has filed for an ETF that will invest up to 5% of its capital into Bitcoin futures contracts despite focusing on energy, agriculture and metals.
Institutional interest in digital assets is growing as major financial players continue to enter the cryptocurrency space.
Just over a month since open interest in Bitcoin options hit a record high of $1 billion, the latest figures show that it has increased 50% to break $1.5 billion.