July 4 (Cointime) - According to data from The Block, the number of large holders in CME's bitcoin futures market has been increasing in recent weeks. The number of holders with a futures position of at least 25 bitcoin rose from 94 in the week of May 30 to 121 in the week of June 27.

This is just below the peak of 122 reached at the end of March. The rally in CME's market is part of a broader surge in crypto, which began after BlackRock filed for a spot bitcoin exchange traded fund on June 15.