menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

2w

read

34

img
dot

Image Credit: Bitcoinist

Bitcoin Futures Annualized Premium Climbs Sharply, Sign Of Strong Institutional Interest?

  • Bitcoin futures annualized premium has witnessed a significant growth in recent weeks, indicating strong institutional interest.
  • The annualized premium for purchasing spot Bitcoin ETFs and selling short CME futures has nearly doubled in the past month, rising from 6% to 11%.
  • Bitcoin's futures open interest saw a sharp increase of 20,000 BTC in the last 24 hours, marking the biggest spike since June.
  • Optimism is brewing as Bitcoin approaches its all-time high of $73,000, with the possibility of hitting this level in the coming days.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app