CME November BTC call options nominal value exceeds 350 million US dollars

robot
Abstract generation in progress

Golden Finance reported that Joshua Lim, co-founder of cryptocurrency broker Arbelos Markets, stated that the BTC Derivatives market on the Chicago Mercantile Exchange (CME) has recently experienced its busiest days. This market is favored by mature and traditional institutional participants. Data shows that the notional value of BTC call options in November exceeded $350 million in the past week, with a break-even price of approximately $79,300 by the end of November, indicating that these traders expect to profit from the pump in BTC price next month. Joshua Lim said, "This may be a good sign, indicating that as the asset class matures, the Liquidity of the encryptionDerivatives market will continue to rise."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)