80% of CME crypto futures expire by August

Institutional flows into CME Bitcoin derivatives are increasingly concentrated in the near term, exposing markets to potential short-dated volatility shocks.

CME futures bitcoin

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Low yields and short duration dominate CME's institutional Bitcoin exposure. A quiet term structure hints at caution rather than conviction among professional traders.