CME options open interest hits all-time highs
Over the past week CME options open interest rose to its highest level ever, nearing $150 million. The rise coincided with the recent Bitcoin halving and the reveal that legendary macro investor Paul Tudor Jones is buying Bitcoin.
Why it matters:
- CME is the easiest onboard and best gauge of interest in Bitcoin for institutional investors.
- CME futures open interest is also hovering around it's all-time highs set last week.
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