Institutional Bitcoin trading has reached another important milestone

A regulated platform, CME, which mediates institutional trading with Bitcoin Futures, is reporting a new high.

We have only recently informed you about the fact that for the first time in history, CME has managed to overtake giants like OKEx or Binance as an institutional platform. Specifically, it was an “open interest” indicator in Bitcoin Futures trading when we saw a value of $ 1.16b and later $ 1.27b.

However, less than a month passed and skew analysts announced a new high of $ 1.4b today.

Not only did CME manage to rewrite the previous maximum, but there was very little left for this institutional trading platform to be a unit and to overtake OKEx.

As you can see in the chart above, OKEx recorded an OI of $ 1.42b, CME of $ 1.41b.

Read also: Angela Merkel’s cabinet introduces all-electronic securities as part of the Blockchain strategy of the Germany

If you like our articles we would be happy if you give us a like / follow