Bitcoin Futures Interest Rebounds While Overall Market Leverage Remains Muted
• Bitcoin futures open interest tops $21B, highest since November 2021 • Overall leverage in the market remains low, reducing risk of liquidations & volatility • Bitcoin price up 28% in 3 weeks, partly due to inflows into new US spot ETFs • Bitcoin futures open interest in BTC terms still below October 2022 peak • Experts say leverage build-up not yet at concerning "frothy" levels