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Bitcoin Futures' Open Interest on Bakkt Up 50% in February + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Bitcoin Futures' Open Interest (OI), the number of open futures contracts and an indicator of amount of capital...

Institutional and Retail Bitcoin Futures Demand Continues to Climb


2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently...

Bakkt’s Bitcoin Futures Shatters Records Amid Spot Market Turmoil


Bakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday morning, Nov. 22. Bakkt saw 2,728 contracts traded ($20 million) and $1.75 million in open interest outpacing the record of 1,179 contracts on Oct. 25. Also...

CME Group Publishes Bitcoin Options Specifications


In mid-September, the foreign exchange company CME Group announced the launch of options on its bitcoin futures contracts in Q1 2020, pending regulatory review. CME Group executive Tim McCourt said there was “increasing client demand” for the firm’s bitcoin derivatives and now...

CME Bitcoin Futures Sees Institutional Interest and Demand from Asia


Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform...

CME’s Bitcoin Futures Hit New Records


Ever since the Chicago Board Options Exchange (Cboe) announced it was ending its bitcoin futures products back in March, the Chicago Mercantile Exchange (CME Group) has seen a huge influx of bitcoin derivatives volumes. During the second week of May, CME’s bitcoin futures touched a milestone...

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