CME Overtakes Binance as Top Bitcoin Futures Exchange Amid Rising Institutional Demand
-
CME overtook Binance as the top Bitcoin futures exchange, with $4B open interest vs Binance's $3.8B.
-
CME offers traditional futures while Binance offers perpetual contracts.
-
The change happened amid wild crypto price swings that impacted Binance traders more.
-
CME's rise highlights growing institutional demand to trade Bitcoin.
-
CME futures lead the Bitcoin spot market and its gains intensified with recent ETF excitement.