{"id":87855,"date":"2023-12-05T11:34:30","date_gmt":"2023-12-05T09:34:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87855"},"modified":"2025-09-13T14:27:19","modified_gmt":"2025-09-13T11:27:19","slug":"expert-detects-revival-in-institutional-demand-for-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/expert-detects-revival-in-institutional-demand-for-bitcoin\/","title":{"rendered":"Expert detects revival in institutional demand for Bitcoin"},"content":{"rendered":"

Open interest (OI) in perpetual Bitcoin futures on Deribit has reached $740 million \u2014 the highest mark since November 2021. Keyrock representative Justin d\u2019Anetan \u0443\u0432\u0438\u0434\u0435\u043b<\/a> in the unfolding rise of institutional participation in the crypto market.<\/p>\n

<\/p>\n

\"Deribit-3\"
OI in perpetual Bitcoin futures on Deribit. Data: The Block<\/a>.<\/figcaption><\/figure>\n

\n\u201cIt\u2019s hard not to notice the substantial premium on CME<\/span> contracts, suggesting that some large and sophisticated players are interested in Bitcoin,\u201d said d\u2019Anetan.<\/cite><\/p><\/blockquote>\n

The following chart illustrates that open interest for asset managers at the CME stands at ~2.2 billion.<\/p>\n

\"open-interest-of-cme-bitcoin-futures-by-trader-category-weekly\"
Data: CFTC, The Block<\/a>.<\/figcaption><\/figure>\n

A top executive at Keyrock suggested that institutionalisation is largely driven by the prospect of approval of ETF<\/a> in the United States. In d\u2019Anetan’s view, the regulator will give the green light in mid- or late January.<\/p>\n

Earlier Fidelity Investments filed for<\/a> the registration of a spot ETF based on the first cryptocurrency, doing so after BlackRock<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Open interest (OI) in perpetual Bitcoin futures on Deribit has reached $740 million \u2014 the highest mark since November 2021. Keyrock representative Justin d\u2019Anetan saw a rise in institutional participation in the crypto market.<\/p>\n","protected":false},"author":1,"featured_media":87856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1409,1156],"class_list":["post-87855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-deribit","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=87855"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87855\/revisions"}],"predecessor-version":[{"id":87857,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87855\/revisions\/87857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/87856"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=87855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=87855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=87855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}