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How exchange-traded funds and futures contracts can reach TradFi and turbocharge the growth of crypto markets.
CME becomes the exchange with the largest open interest in Bitcoin futures
Data shows that the open interest of Bitcoin futures on the Chicago Mercantile Exchange (CME) has increased to 111,080 BTC, exceeding Binance's 107,290 BTC, becoming the largest exchange for open interest in Bitcoin futures. Gabor Gurbacs, a strategy advisor at VanEck, commented, "Institutions are already here, and this is just the beginning."
