futures contracts traded on CME reached an all-time high this week, as BTC’s price briefly eclipsed $35,000. Meanwhile, FTX claim pricing has reached as high as 57%, according to data from Claims Market. This came after Sam Bankman-Fried was found guilty of all seven charges laid against him in his criminal trial, just hours after prosecutors laid down their final rebuttal to the defense.
futures hit record high
Open interest on Bitcoin futures reached $3.65 billion on the Chicago Mercantile Exchange (CME), a new all-time high. The metric suggests that more traders are gaining access to the Bitcoin market through derivatives.
