Bitcoin Futures Open Interest Falls 0.3% as Spot Selling Deepens
Photo: TokenPost
Bitcoin futures open interest edged lower in the week ended Oct. 18 as spot selling strengthened, while outflows from U.S. spot Bitcoin exchange-traded funds narrowed. The figures show mixed market conditions, with no weekly increase in outstanding futures positions. Open interest fell 0.3% to $36.4 billion from $36.5 billion seven days earlier. Long-side funding payments rose to $1.6 million from $1.1 million, a 49.4% increase. The payment figure is not a funding rate. Spot cumulative volume delta was negative $83.6 million, compared with negative $67 million a week earlier. U.S.
Source: TokenPost
