CoinVoice recently learned that Vetle Lunde, head of research at K33 Research, stated in an interview with CNBC that the futures open interest on the Chicago Mercantile Exchange has reached an all-time high. This is currently the main way for most U.S. institutions to purchase Bitcoin futures contracts, but many traders have been waiting for spot Bitcoin ETF options from major exchanges like the New York Stock Exchange and Nasdaq, as it could enhance liquidity and provide hedging tools.
Vetle Lunde added that the demand for leveraged long exposure to Bitcoin and Ethereum is rising, and the BTC exposure from VolatilityShares has also previously reached an all-time high. [Original link]
