Bitcoin futures vs. spot price: Monitoring CME for market insights 
Quick Take
Recent data from Coinglass shows CME’s percentage of open interest in Bitcoin futures has exceeded 26%, which equates to 119k Bitcoin in open interest contracts out of a total of 450k BTC. This highlights a significant investor interest in Bitcoin futures on the CME exchange.
On Nov. 24, the BTC CME futures price reached a high of $39,340, closing at $37,895. In contrast, the Bitcoin spot price peaked at $38,400. This discrepancy, as high as $1,120, is noteworthy as it has occurred only three times this year, notably on Aug. 17 and Feb. 16.
Interestingly, there has also been an instance when the spot price surpassed futures. On Oct. 23, the difference amounted to $1,580. This irregularity underscores the necessity of monitoring the CME futures price for comprehensive market analysis.
Analyst 
James Van Straten
James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
CME Group
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