The macro thesis is making a grand comeback.
For months, it was said that institutional investors had deserted.
Not enough clarity, not enough products, not enough conviction.
And yet, in Q1 2025:
đ Volumes on Bitcoin futures at the CME are skyrocketing.
đ„ Open interest is hitting record highs.
đŠ Even open interest on ETH is bouncing back.
Regulated futures are becoming the playground for professionals.
And the professionals are coming back. With force.
This is not just an anecdote: itâs the signal.
đ When Wall Street returns to $BTC as a macro asset, the narrative changes.
