{"id":51403,"date":"2021-10-19T11:20:38","date_gmt":"2021-10-19T08:20:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=51403"},"modified":"2025-09-02T23:32:06","modified_gmt":"2025-09-02T20:32:06","slug":"open-interest-in-binance-and-cme-futures-hits-record-highs","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/open-interest-in-binance-and-cme-futures-hits-record-highs\/","title":{"rendered":"Open interest in Binance and CME futures hits record highs"},"content":{"rendered":"<p>Against the backdrop of Bitcoin\u2019s price returning to above $60,000, open interest (OI) on Binance and CME exchanges reached record highs.<\/p>\n<p><!--more--><\/p>\n<p>On 17 October, OI on Binance surpassed $5.5 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"448\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Binance-OI-1024x448.png\" alt=\"Open interest indicators for Binance futures and CME futures hit record highs\" class=\"wp-image-153296\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Binance-OI-1024x448.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Binance-OI-300x131.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Binance-OI-768x336.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Binance-OI.png 1366w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Source: <a href=\"https:\/\/www.bybt.com\/BitcoinOpenInterest\">Bybt<\/a>.<\/figcaption><\/figure>\n<p>The corresponding figure on the regulated platform <span data-descr=\"Chicago Mercantile Exchange\" class=\"old_tooltip\">CME<\/span> reached $3.66 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"444\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/CME-3-1024x444.png\" alt=\"Open interest indicators for Binance futures and CME futures hit record highs\" class=\"wp-image-153297\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/CME-3-1024x444.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/CME-3-300x130.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/CME-3-768x333.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/CME-3.png 1379w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Source: <a href=\"https:\/\/www.bybt.com\/BitcoinOpenInterest\">Bybt<\/a>.<\/figcaption><\/figure>\n<p>In recent months, open interest on the Chicago Mercantile Exchange has grown notably among institutional players in the Commercial category. They are predominantly long over short.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"536\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/CME-futures-Comm.png\" alt=\"Open interest indicators for Binance futures and CME futures hit record highs\" class=\"wp-image-153298\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/CME-futures-Comm.png 930w, https:\/\/u1f987.com\/wp-content\/uploads\/CME-futures-Comm-300x173.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/CME-futures-Comm-768x443.png 768w\" sizes=\"auto, (max-width: 930px) 100vw, 930px\" \/><figcaption>Source: <a href=\"https:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/index.htm\">CFTC<\/a>.<\/figcaption><\/figure>\n<p>Notably, activity among institutional players trading <a href=\"https:\/\/u1f987.com\/en\/news\/cme-group-launches-micro-bitcoin-futures-trading\">Bitcoin microfutures<\/a> has picked up. However they are dominated by short positions.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"769\" height=\"499\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-pozitsij-po-mikrofyuchersam-krupnyh-igrokov-kategorii-Commercial-na-birzhe-CME.-Dannye-CFTC.-2.png\" alt=\"Open interest indicators for Binance futures and CME futures hit record highs\" class=\"wp-image-153299\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-pozitsij-po-mikrofyuchersam-krupnyh-igrokov-kategorii-Commercial-na-birzhe-CME.-Dannye-CFTC.-2.png 769w, https:\/\/u1f987.com\/wp-content\/uploads\/Dinamika-pozitsij-po-mikrofyuchersam-krupnyh-igrokov-kategorii-Commercial-na-birzhe-CME.-Dannye-CFTC.-2-300x195.png 300w\" sizes=\"auto, (max-width: 769px) 100vw, 769px\" \/><figcaption>Source: <a href=\"https:\/\/www.cftc.gov\/MarketReports\/CommitmentsofTraders\/index.htm\">CFTC<\/a>.<\/figcaption><\/figure>\n<p>Among major players in the Non-Commercial category and small investors (Nonreportable), shorts and longs traditionally predominate, respectively. <\/p>\n<p>In April, the U.S. Securities and Exchange Commission quietly <a href=\"https:\/\/u1f987.com\/en\/news\/media-set-the-date-for-the-start-of-trading-of-the-first-u-s-futures-bitcoin-etf\">approved<\/a> the launch of ProShares&#8217; Bitcoin futures ETF. Trading of the new instrument <a href=\"https:\/\/u1f987.com\/en\/news\/media-set-the-date-for-the-start-of-trading-of-the-first-u-s-futures-bitcoin-etf\">is expected today, October 19<\/a>.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Open interest (OI) in futures on Binance and CME exchanges reached record highs.<\/p>\n","protected":false},"author":1,"featured_media":51404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,383,1168],"class_list":["post-51403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-cme-group","tag-crypto-derivatives"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=51403"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51403\/revisions"}],"predecessor-version":[{"id":51405,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/51403\/revisions\/51405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/51404"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=51403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=51403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=51403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}