Chicago Mercantile Exchange (CME) reported yesterday on its official Twitter account that, according to its data, investors' interest in bitcoin futures contracts has reached an all-time high.
According to the data provided by the platform, investors' daily interest in BTC futures contracts registered a significant increase on June 17, when it reached 5,311 contracts valued at 26,555 bitcoins ($246M).
CME also noted bitcoin futures contracts seem to be gaining popularity among institutional investors, a statement supported by JPMorgan Chase executive Nikolaos Panigirtzoglou.
In spite of the fact that CME has just reported an increase in interest in this type of instrument, CBOE settled its last futures contract yesterday at 15:00 Chicago time.
Some experts believe the recent launch of Libra, Facebook's crypto project, is having a positive impact on the market. They also think it could boost cryptos' prices even further in the future due to the fact that the huge user base of the social network will allow a large number of people to access Facebook's crypto, which in turn could foster the users' interest in other cryptos.
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