Yuri Molchan

Skew analytics provider reports that the overall value of Bitcoin futures OI on CME has exceeded the $1-bln level


  • Bitcoin futures OI on CME spikes to a new ATH
  • Bitcoin options OI on Deribit exceeds $3.4 bln – almost 200,000 BTC

According to a tweet from Skew analytics firm, the total value of open interest in Bitcoin futures settled in cash has soared beyond a new all-time high level of $1 bln on Chicago Mercantile Exchange run by CME Group.

Bitcoin futures OI on CME spikes to a new ATH

CME was the first platform to launch Bitcoin futures for institutional players in December 2017. A rise above the $1 bln mark has been achieved now after the recent spike of Bitcoin.

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An inflow of funds from financial institutions is likely to show their positive attitude to the continuation of the current Bitcoin rally above the $18,000 level.


Image via Twitter

Bitcoin options OI on Deribit exceeds $3.4 bln – almost 200,000 BTC

Skew has also spread the word about the new all-time high scored on Deribit by the new volume of open interest in Bitcoin options.

It has hit an ATH of over $3.4 bln, which is almost 200,000 in Bitcoin at the current exchange rate. The chart shows that, the figures demonstrated by Deribit are higher than OKEx and other exchanges.

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As well as that, Deribit boasts a 24-hour close on BTC option volume near the $1 bln mark, which is a new high too.


Image via Twitter

At press-time, the flagship cryptocurrency has declined to the $18,000 zone from $18,325 earlier today, according to data from CoinMarketCap.

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CME Bitcoin Futures Open Interest Surges Above $1 Bln: Skew Data

by Alex Dovbnya
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