Express

Total LTC Futures Open Interest Reached A record High With Nearly $600 Million

Mary Liu

Summary: The data from Bybt.com shows that total LTC futures open interest reached $584 million, a record high. Over the past three months, the figure has seen a significant jump with 285%, making LTC ranked third in derivatives, just behind Bitcoin and Ethereum. In addition, Litecoin is also the third-largest position in the Bitwise 10 Crypto Index Fund ...

The data from Bybt.com shows that total LTC futures open interest reached $584 million, a record high.

Over the past three months, the figure has seen a significant jump with 285%, making LTC ranked third in derivatives, just behind Bitcoin and Ethereum.

In addition, Litecoin is also the third-largest position in the Bitwise 10 Crypto Index Fund (BITW), which has recently exceeded $780 million in assets under management.

By Mary Liu

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 14 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago
  • You need to login to comment.