Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record

Over $5 billion in open interest has been added since Monday, Coinglass data shows, while BTC prices have risen from the $68,500 level to $71,000 in the period. Of the $37.7 billion, traditional finance powerhouse Chicago Mercantile Exchange (CME) holds the highest bets at $11 billion, followed by crypto exchange Binance at $8 billion.