CME improves position among exchanges amid institutional interest in bitcoin

October 22, 2021

CME improves position among exchanges amid institutional interest in bitcoin

The Chicago Mercantile Exchange (CME) has moved from fourth to third in the ranking of the largest platforms for open interest in bitcoin futures.

According to Skew, at the time of writing, CME has a figure of $3.05bn, FTX has $3.07bn, while top-ranked Binance has $4.18bn.


The Chicago Mercantile Exchange with $1.54 billion ranks sixth in terms of trading activity over the past 24 hours. Leader Binance has 12.35 times that figure at $19.02 billion.


CME's improving position is helped by growing confidence among institutional investors in the SEC's approval of the bitcoin-ETF. The futures premium to the spot price on a year-over-year basis for monthly contracts exceeded that of unregulated platforms.

#bitcoin futures basis is widening ahead of regulatory decision later this month on pending futures-based ETF proposals

Recall that in August, Bloomberg experts predicted that the Commission would approve a bitcoin-ETF by the end of October.

In September, SEC head Gary Gensler confirmed that the regulator would consider applications to launch the instrument if they were based on CME futures and complied with the Investment Company Act of 1940.

I have collected the best-rated crypto exchanges that were approved as the safest platforms. Fees when buying and selling which cryptocurrency. Offer of the Changelly App.

story behind the Changelly Exchange

About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

Leave a Reply

Your email address will not be published. Required fields are marked

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}
This site is registered on as a development site.