CME bitcoin futures open interest grows again during October

Pradeep kumar

New Member
Oct 15, 2019

The open interest of bitcoin futures in CME grows again after a fall at the beginning of October. During the first weeks of the month, investments in this type of contract in the Chicago Mercantile Exchange (CME) market have increased steadily. This is revealed by data from the analysis firm Skew, published this Sunday, October 20.

Through a graph published by Skew through Twitter, it is possible to appreciate the increase in the value of futures contracts of bitcoin of institutional accounts, which represent long positions. The figures related to open interest exceed the equivalent of 1,000 BTC after the amount was around 500 BTC at the beginning of the tenth month of this year.