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Edited by Kamal531 at 22-12-2023 02:08 PM
CME surpasses Binance, becoming the largest exchange for open Bitcoin futures contracts.
Coinglass data shows that the Chicago Mercantile Exchange (CME) has seen an increase in open Bitcoin futures contracts to 111,080 BTC (valued at $4.05 billion), surpassing Binance's 107,290 BTC (valued at $3.93 billion). This makes CME the largest exchange for open Bitcoin futures contracts.
VanEck's strategy advisor, Gabor Gurbacs, commented, "Institutions are here, and this is just the beginning."
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