Open interest in Bitcoin futures contracts on CME is now at a record 51,000

The Kobeissi Letter reported that Open Interest in Bitcoin futures contracts on the CME hit a record of 51,000. According to the market analyst, CME's surge in open interest in Bitcoin futures coincided with the launch of spot Bitcoin ETFs last year. source: https://www.cryptopolitan.com/open-interest-in-bitcoin-futures-high/