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TechFlow news, June 6 — According to The Block, the number of large traders in CME Bitcoin futures reached a record high of 217, up 36% from the beginning of the year, indicating significantly increased interest from institutional investors in Bitcoin. Since the start of 2024, the number of major players has continued to rise steadily, suggesting that institutional allocation to Bitcoin has become a consistent trend rather than opportunistic trading.
According to The Block, the number of large traders in CME Bitcoin futures reached a record high of 217, a 36% increase from the beginning of the year, indicating significantly growing interest in Bitcoin among institutional investors. Since the beginning of 2024, the number of large traders has continued to rise steadily, suggesting that institutional allocation to Bitcoin has become a consistent trend rather than opportunistic trading.
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