K33 Research Director: Demand for leveraged long exposure to Bitcoin and Ethereum is on the rise

Odaily Planet Daily News: Vetle Lunde, head of research at K33 Research, stated in an interview that the open futures contract positions on the CME derivatives exchange have reached a historic high. This is currently the way most US institutions purchase Bitcoin futures contracts. But many traders have been waiting for spot Bitcoin ETF options on major exchanges such as the New York Stock Exchange and Nasdaq, as it can enhance liquidity and provide hedging tools. Lunde stated that the demand for leveraged long exposure to Bitcoin and Ethereum is on the rise, with Volatility Shares' BTC exposure reaching a historic high. （CNBC）