{"id":84233,"date":"2023-11-14T01:56:03","date_gmt":"2023-11-14T06:56:03","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/cme-eclipses-binance-in-bitcoin-futures-interest-as-price-hits-37000\/"},"modified":"2023-11-14T01:56:04","modified_gmt":"2023-11-14T06:56:04","slug":"cme-eclipses-binance-in-bitcoin-futures-interest-as-price-hits-37000","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=84233","title":{"rendered":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency’s value surpassed the $37,000 mark. This development indicates a broader acceptance of Bitcoin among institutional investors, with CME’s stringent regulatory adherence attracting heavyweight firms such as BlackRock Inc (NYSE:). and Fidelity Investments.<\/p>\n

Analysts have highlighted the implications of this shift for the U.S. Securities and Exchange Commission (SEC), which has been cautious due to concerns about market depth and potential manipulation in the Bitcoin market. These issues have previously stalled the approval of spot Bitcoin ETFs.<\/p>\n

In response to these concerns, the Chicago Board Options Exchange (CBOE) has resubmitted an application for a spot Bitcoin ETF, planning to proceed after establishing a surveillance-sharing agreement with Coinbase (NASDAQ:). This strategy aims to alleviate the SEC’s worries, particularly since Coinbase accounts for about half of the daily U.S. dollar to Bitcoin trading volume, according to data from Kaiko Research.<\/p>\n

The broader crypto market is also showing signs of activity with Bitcoin (BTC), Ether (ETH), and (XRP) closing at $37,249, $ 2,078, and $0.67 respectively. The total cryptocurrency market capitalization reached $1.42 trillion. Terminal Price calculations suggest that Bitcoin’s next all-time high could potentially exceed $110,000.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency’s value surpassed the $37,000 mark. This development indicates a broader acceptance of Bitcoin among institutional investors, with CME’s stringent regulatory adherence attracting heavyweight firms such as BlackRock Inc (NYSE:). and Fidelity Investments. Analysts have highlighted the implications of […]<\/p>\n","protected":false},"author":1,"featured_media":1465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-84233","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nCME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=84233\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=84233\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-14T06:56:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-14T06:56:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/LYNXNPEB8506G_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"541\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=84233#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=84233\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"CME eclipses Binance in Bitcoin futures interest as price hits $37,000\",\"datePublished\":\"2023-11-14T06:56:03+00:00\",\"dateModified\":\"2023-11-14T06:56:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=84233\"},\"wordCount\":235,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=84233#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=84233\",\"url\":\"https:\/\/ifintechworld.com\/?p=84233\",\"name\":\"CME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-14T06:56:03+00:00\",\"dateModified\":\"2023-11-14T06:56:04+00:00\",\"description\":\"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=84233#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=84233\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=84233#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CME eclipses Binance in Bitcoin futures interest as price hits $37,000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld","description":"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=84233","og_locale":"en_US","og_type":"article","og_title":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld","og_description":"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.","og_url":"https:\/\/ifintechworld.com\/?p=84233","og_site_name":"iFintechWorld","article_published_time":"2023-11-14T06:56:03+00:00","article_modified_time":"2023-11-14T06:56:04+00:00","og_image":[{"width":800,"height":541,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/LYNXNPEB8506G_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=84233#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=84233"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000","datePublished":"2023-11-14T06:56:03+00:00","dateModified":"2023-11-14T06:56:04+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=84233"},"wordCount":235,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=84233#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=84233","url":"https:\/\/ifintechworld.com\/?p=84233","name":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000 | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-14T06:56:03+00:00","dateModified":"2023-11-14T06:56:04+00:00","description":"\u00a9 Reuters. The Chicago Mercantile Exchange (CME) has overtaken Binance in futures open interest as the cryptocurrency's value surpassed the $37,000 mark.","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=84233#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=84233"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=84233#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"CME eclipses Binance in Bitcoin futures interest as price hits $37,000"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/84233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84233"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/84233\/revisions"}],"predecessor-version":[{"id":84234,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/84233\/revisions\/84234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/1465"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}