CoinGlass: CME BTC futures open interest exceeds Binance

The first half of 2025 report indicates that as of June 1, CME $BTC futures open interest reached 158,300 $BTC (approximately $16.5 billion), ranking first among all exchanges, surpassing Binance's 118,700 $BTC (approximately $12.3 billion) in the same period. This reflects institutions entering the market through regulated channels, with CME and ETFs becoming important incremental factors. Binance remains the cryptocurrency exchange with the largest open interest, but its market share has been diluted. Platforms such as OKX and Bybit maintain competitiveness, but the gap with Binance has widened. [CoinGlass]