The report for the first half of 2025 indicates that as of June 1, the CME BTC futures open interest reached 158,300 BTC (approximately 16.5 billion USD), ranking first among all exchanges, surpassing Binance's 118,700 BTC (approximately 12.3 billion USD) during the same period, reflecting institutional entry through regulated channels, with CME and ETFs becoming significant increments; Binance remains the largest in terms of open interest among cryptocurrency exchanges, but its market share is being diluted; platforms like OKX and Bybit remain competitive, but the gap with Binance is widening. [CoinGlass]