CryptoQuant CEO Ki Young Ju posted on social media that the net position of Bitcoin CME futures contracts has returned to the level of 10 months ago.

The Block Pro data shows that the open interest of Bitcoin futures on the Chicago Mercantile Exchange increased by 54.7% to a record high of $7.8 billion in February, but the daily average trading volume decreased by 7.4% to about $3.18 billion. The monthly trading volume of Ethereum futures increased to $555 billion, a growth rate of 8.6%. In terms of cryptocurrency options, the open interest of Bitcoin options rose sharply by 80.8% in February, reaching a record high, while the open interest of Ethereum also increased by 48.5%. In addition, in terms of Bitcoin and Ethereum options trading volume, the trading volume of Bitcoin options decreased by 1% in February to $39.47 billion, while the trading volume of Ethereum options decreased by 5.4% to $16.98 billion.

CME will launch euro-denominated micro Bitcoin and Ethereum futures on March 18.

CME Federal Reserve observation shows that the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in March is 92%, and the probability of a 25 basis point interest rate cut is 8%. The probability of maintaining interest rates unchanged in May is 32.8%, the cumulative probability of a 25 basis point interest rate cut is 62.1%, and the cumulative probability of a 50 basis point interest rate cut is 5.1%.

According to CME's "FedWatch," the probability of the Federal Reserve maintaining interest rates in the range of 5.25%-5.50% in January next year is 81.4%, while the probability of a 25 basis point interest rate cut is 18.6%.

According to CryptoSlate, asset managers have a net long position of about $2 billion in Bitcoin futures; at the same time, hedge funds have roughly equivalent short positions.

According to The Block data on December 4th, the open interest of Bitcoin futures on CME (Chicago Mercantile Exchange) in November was 4.02 billion US dollars, and the monthly trading volume was 73.02 billion US dollars, both of which set new highs since November 2021.

According to Coinglass data, the total BTC contract position on the network reached 28.6 billion US dollars, with a 24-hour increase of 3.12%. Among them, CME ranked first with a position of 4.745 billion US dollars. The total ETH contract position on the network is 8.342 billion US dollars, with a 24-hour increase of 2.28%.

Despite the approval of a Bitcoin spot ETF, the Chicago Mercantile Exchange (CME) is still expected to remain the top choice for traditional finance investors. The CME has seen a significant increase in Bitcoin futures trading over the past year, surpassing even Binance. While the launch of a spot ETF may bring institutional money into the sector, it is unlikely to reduce activity in the futures market. In fact, futures trading is expected to expand alongside the growth of spot ETFs, as institutional investors will likely use futures to hedge their positions. The futures market also benefits from clearer regulation compared to the regulatory ambiguity surrounding the crypto spot market.

According to CoinGlass data, CME's BTC holdings reached 118,540 coins ($4.42 billion), a new historical high.