Bitcoin Futures Hit $61.9B as Traders Pile Into Both Sides of the Market – Bitcoin News
The post Bitcoin Futures Hit $61.9B as Traders Pile Into Both Sides of the Market – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin futures open interest (OI) hit $61.9B across all exchanges on May 14, with Binance holding 19.05% market share. CME’s put-heavy options book signals institutional hedging, as calls lead 57% to 43% on Deribit and OKX volume. Deribit’s June 26 expiry carries $14.52B in notional value, making it the heaviest options event this summer. CME Tops the Futures Leaderboard at $9.72B — Here’s What Institutional Money Is Doing Total futures open interest stood at 759,550 BTC, with Binance holding the largest share at 144,730 BTC and $11.79 billion notional, good for 19.05% of the global market. CME ranked first by a different measure; its OI/24h volume ratio hit 2.0071, the highest on the board, pointing to deep institutional positioning relative to daily trading activity. CME futures open interest came in at 119,240 BTC, worth $9.72 billion a