CME Bitcoin Futures Hit Record $10 Billion in Open Interest
- CME's bitcoin futures open interest reaches record high of $10B
- CME's futures market now bigger than market cap of several major cryptocurrencies
- 28,899 standard futures contracts were open on Friday, totalling $10.3B
- Open interest in micro futures stood at 38,283 contracts, totalling $273M
- Uptick in open interest alongside price rise confirms bullish sentiment
