Demand for Bitcoin is through the roof

Den öppna balansen för Bitcoin Futures på CME har passerat 40 000 kontrakt för första gången i historien. Sedan början av året har det totala antalet utestående kontrakt för Bitcoin fördubblats.

The open balance of Bitcoin Futures on the CME has passed 40,000 contracts for the first time in history. Since the beginning of the year, the total number of outstanding contracts for Bitcoin has doubled. To put this in perspective, at the peak in November 2021, the open balance was ~58% lower, at ~17,000. This comes as Bitcoin’s market capitalization has reached a record $1.94 trillion. Investors continue to trade Bitcoin.

Source: The Kobeissi Letter

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