TechFlow news, according to Coinglass data, as of October 18, the Chicago Mercantile Exchange (CME) Bitcoin futures contract value reached $12.3 billion USD, hitting a new all-time high and accounting for 31% of the current total Bitcoin futures contract value in the crypto market ($39.1 billion). Additionally, Vetle Lunde, researcher at K33 Research, noted that institutional investors currently prefer establishing long positions. With a significant increase in open interest, futures premium has climbed to a five-month high.




