K33 Research Research Director Vetle Lunde stated in an interview that the futures open interest at the CME derivatives exchange has reached an all-time high. This is currently the primary method for most U.S. institutions to purchase Bitcoin futures contracts. However, many traders have been waiting for spot Bitcoin ETF options from major exchanges like the New York Stock Exchange and Nasdaq, as it can enhance liquidity and provide hedging tools. Lunde noted that the demand for leveraged long exposure to Bitcoin and Ethereum is rising, with VolatilityShares' BTC exposure reaching an all-time high. (CNBC)