CME


Opinion

CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?

CoinDesk’s Omkar Godbole says rising open interest on the Chicago Mercantile Exchange isn't always the best indicator for bitcoin’s price.

(Danny Nelson/CoinDesk)

Markets

Bitcoin ETF Excitement Drives Wall Street Giant CME Above Binance in BTC Futures Rankings

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

Top exchanges by bitcoin futures open interest (CoinGlass)

Markets

CME Bitcoin Futures Open Interest Surge Indicates Interim BTC Price Top

Every once in a while, open interest sees a spike in a relatively short amount of time. When that happens, it nearly always marks a turning point for bitcoin prices, one observer noted.

Open interest in Chicago Mercantile Exchange's BTC futures has surged 35% in four weeks. (Erol Ahmed/Unsplash)

Policy

Will Hashdex's 'Undeniable' Distinctions Help Win Bitcoin ETF Race? Some Analysts Think So

Hashdex's decision to use CME, a regulated exchange, per the SEC's requirement of a surveillance-sharing agreement (SSA), might set it apart from the group.

Chair Gary Gensler's U.S. Securities and Exchange Commission is weighing Hashdex's ETF application, which analysts suggest could have a leg up because of its novel approach.  (Jesse Hamilton/CoinDesk)

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Videos

CME Is Now the Second-Largest Bitcoin Futures Exchange: Coinglass

The Chicago Mercantile Exchange (CME) is now the second-largest bitcoin futures exchange, with only Binance holding a greater market share, according to data from Coinglass. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss, as some observers believe that the recent rally in the crypto market is institutionally led.

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Markets

CME on the Cusp of Replacing Binance as Top Bitcoin Futures Exchange

With a notional open interest (OI) of $3.54 billion, CME is now the second-largest bitcoin futures exchange.

(Shutterstock)

Markets

Institutions Race for Bitcoin, Sending CME Open Interest to Record High

Open interest for the CME's bitcoin product hit 100,000 BTC ($3.4 billion) for the first time ever.

CME dominance (K33 Research)

Markets

Crypto Options Volume on CME Rose to Nearly $1B in July: CCData

The increase suggests that institutions might be hedging their positions.

(Shutterstock)

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Markets

Bitcoin, Ether CME Futures Saw Record Participation From Large Traders in Q2

Bitcoin futures institutional interest continued to increase throughout the quarter as investors sought regulated venues/products to hedge rising market volatility and manage risk and exposure, CME said.

(Shutterstock)

Videos

U.S. House Committee Publishes Draft Stablecoin Bill; CME to Add New Crypto Offerings

The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). Separately, derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations for bitcoin (BTC) and ether (ETH) futures options contracts.

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