Institutional FOMO? CME Bitcoin Futures Open Interest Soars to $841M

Cointelegraph

Published Aug 11, 2020 08:15PM ET

Updated Aug 11, 2020 10:00PM ET

Today the open interest on Chicago Mercantile Exchange Bitcoin (BTC) futures reached a new all-time high at $841 million.

Although this can't be deemed bullish on a standalone basis, it does signal that professional investors' interest in Bitcoin continues to grow at an immense rate.

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