Bitcoin CME Futures Premium Slides, Suggests Waning Institutional Appetite
The premium in bitcoin (BTC) futures listed on the global derivatives giant Chicago Mercantile Exchange (CME) has narrowed sharply, a sign of reduced institutional appetite. The annualized premium in rolling three-month futures has dropped to 4.3%, the lowest since October 2023, according to data tracked by 10x Research. That’s down significantly from highs above 10%…