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Article • about 1 year ago

Bitcoin ETF Approval Could Propel Cryptocurrency into Mainstream Finance

Bitcoin ETF Approval Could Propel Cryptocurrency into Mainstream Finance
Summary
  • The approval of a Bitcoin ETF could simplify and regulate the investment process, making it more accessible to traditional investors.
  • The Chicago Mercantile Exchange (CME) has witnessed a surge in open interest, reaching a record high of over 100,000 Bitcoin.
  • Binance, on the other hand, has experienced a decrease in open interest, indicating a potential divergence between the two platforms.

Source: https://cryptoslate.com/insights/cme-sees-over-100k-btc-in-open-interest-amidst-rising-institutional-interest/

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