The open interest for Bitcoin futures on the CME exchange has reached a record high of 218,000 BTC ($21.3 billion), indicating growing bullish sentiment in the market. Additionally, Bitcoin's market capitalization is approaching $2 trillion, with its price rising by $30,000 since the U.S. presidential election. The growth on the CME exchange is largely driven by active and direct participants, and the introduction of options tied to U.S. spot ETFs is expected to further boost CME futures. As Bitcoin becomes more integrated into the traditional financial system, volatility is expected to decrease over time.



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