CME Bitcoin futures positions

A bitcoin futures HIGH 2024-03-12 70
According to Vetle Lunde, a senior analyst at K33 Research, the CME Bitcoin futures position has reached an unprecedented milestone, exceeding 150,000. Lunde pointed out that the recent surge in CME's exposure is primarily attributed to the 2x long BTC ETF, which has driven a 148% increase in BTC equivalent exposure over the course of just three weeks. This significant growth in CME's Bitcoin futures position signifies a remarkable shift in the market landscape and reflects the increasing interest and demand for cryptocurrency investments.