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CME’s Bitcoin Futures Are on a Tear with Numerous Records Being Broken This June

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Wed, 3/07/2019 - 15:48
CME’s Bitcoin Futures Are on a Tear with Numerous Records Being Broken This June
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Bitcoin futures, which are offered by Chicago-based exchange CME, are currently in great demand as institutional investors are looking for a way to safely invest in the volatile asset. 

According to Coindesk, the number of accounts sign-ups in inching closer towards 2,960 with 960 of them being created this year alone.

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Bitcoin futures setting new records

CME’s open interest has been gradually growing throughout the year. On June 26, there was 6,069 outstanding futures contracts that were yet to be settled (the highest number the exchange has seen to date).    

The new open interest milestone also coincided with a staggering $1.7 bln in notional value, which was yet another record high for CME’s Bitcoin futures.

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