CME Open Interest in Bitcoin Futures up 30%

Open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) went up 30% on Tuesday, September 3, just a day after the asset price pumped during the CME’s closing on Labor Day.

According to Twitter account @skew_markets, this rise in interest follows a short dip over the past seven days or so, in which we saw open interest drop to around $186 million in contracts on August 28. Toward the end of Labor Day on September 2, this number went up to $249 million and carried over into the next day.

Read More at BeinCrypto

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