CME


Markets

CME loses top spot to Binance in bitcoin futures open interest as institutional demand wanes

Behind the move is a sharp narrowing in the profitability of the basis trade, in which traders attempt to capture a spread by buying spot bitcoin while selling BTC futures.

BTC Futures OI (Glassnode)

Markets

Bitcoin Futures Return to Deepest 'Backwardation' Since FTX Collapse Hinting Possible Bottom

So-called "backwardation" — a futures price curve moving lower in value as time gets further out — can be read as a measure of stress in the market.

CoinDesk

Markets

CME Announces First XRP and SOL Option Trades

Initial trades were conducted by major market participants, including Wintermute, Galaxy, Cumberland DRW, and SuperState.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Markets

Federal Reserve Rate Cut Could Spark a Revival in Bitcoin’s Basis Trade

CME open interest and futures premiums have slumped this year. Looser monetary policy may change the picture.

CME BTC Open Interest (Glassnode)

Markets

XRP Futures Volume on the CME Hit a Record $235M

Institutional investors prefer CME derivatives for regulated exposure to digital assets, avoiding direct ownership.

(John Gress/Getty Images)

Markets

Bitcoin Trades Within Descending Channel as CME Gap Gets Filled

Technical chart signals continued pressure but shallower dips hint at resilience.

Bear and bull (Pixabay)

Markets

Bitcoin CME Futures Premium Slides, Suggests Waning Institutional Appetite

The premium has dropped to lowest since October 2023, according to 10x Research.

futuresderivatives

Markets

CME's XRP Futures Have Pulled In Nearly $30M Since Debut, Fueling XRP ETF Hopes

Strong institutional interest in CME’s new XRP futures contracts is reviving hopes for a U.S.-listed spot XRP ETF, as the token gains traction in regulated markets.

A montage of Ripple-related brands (Ripple)

Markets

CME Group Crypto Derivatives Volume Soars 129% in April With ETH Leading the Charge


The exchange saw its crypto derivatives volumes rise sharply to $8.9 billion in April, led by ether futures growth.

Stock market price charts (Anne Nygård/Unsplash)

Markets

Bitcoin CME Futures Gap Lower After Trump Says 'There Won't Be a Deal With China'

Trump, when asked about sliding markets, said sometimes you have to "take medicine."

CME BTC futures: April contract gapped lower Monday. (TradingView)