The real winner of last week’s crypto flash crash is the CME. Cointelegraph explains how the exchange is increasing its crypto market share.
Key takeaways:
CME’s futures open interest in the top four cryptocurrencies reached $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion.
Despite CME’s lead in open interest, unregulated exchanges still dominate trading volumes, especially in altcoin and perpetual futures.
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