Bitcoin Futures Open Interest Rises on CME Platform

According to BlockBeats, recent data from Coinglass indicates a significant increase in Bitcoin futures open interest on the CME platform. Over the past 24 hours, the open interest has surged by 5.72%, reaching 184,300 BTC, which is approximately valued at $15.062 billion. In addition to the CME platform's growth, the total open interest across all platforms has also seen a notable rise. The current open interest across the network stands at approximately 604,700 BTC, valued at around $49.478 billion, marking a 5.78% increase over the same 24-hour period. This uptick in open interest reflects heightened trading activity and interest in Bitcoin futures, suggesting a potential shift in market dynamics as traders and investors respond to evolving market conditions.