Golden Finance reported that Coinglass data showed that open interest in Bitcoin futures on the Chicago Mercantile Exchange (CME) has increased to 111,080 BTC (valued at $4.05 billion), surpassing Binance’s 107,290 BTC (valued at $3.93 billion), becoming Bitcoin’s largest open interest. The exchange with the largest open interest in currency futures. VanEck strategic advisor Gabor Gurbacs commented: "The institutions are already here, and this is just getting started."