PiCK

Virtual Asset Open Interest Reaches Record High at CME

Source
Son Min

Summary

  • The Chicago Mercantile Exchange (CME) announced that the open interest in crypto futures has surpassed $30 billion for the first time ever.
  • It reported that open interest in Ethereum (ETH) futures exceeded $10 billion, setting a new all-time high.
  • It also stated that Solana (SOL) and XRP open interest each surpassed $1 billion, both hitting record highs.

The open interest (OI) in crypto futures at the Chicago Mercantile Exchange (CME) has reached an all-time high.

On the 27th (local time), CME Group announced through its official X (formerly Twitter), "The open interest in CME crypto assets has surpassed $30 billion for the first time ever," adding, "This is a strong signal that the crypto market is expanding."

According to the attached report, the open interest in Ethereum (ETH) futures at CME exceeded $10 billion, setting a new record high. The open interest in both Solana (SOL) and XRP also surpassed $1 billion each, simultaneously reaching all-time highs.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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