Tokenized gold futures open interest has reached 7 tonnes, up 62% from February’s spot trading peak. Gate accounts for 42% of this year’s net increase.
- Tokenized gold futures positions have significantly increased, reaching 7 tonnes in open interest, despite a cooling spot trading market.
- This growth suggests traders are opting to hold their gold exposure for longer periods, with exchanges like Gate and OKX showing substantial gains in market share for futures positions.
- While precious metals led earlier in the year, equities and then Bitcoin have since taken market leadership, yet tokenized gold futures continue to expand, indicating a sustained interest in holding gold exposure on crypto platforms.
Topics: Asset types, Scalability, Institutional adoption, Alternative assets, Growth metrics, Asset manager initiatives
Tags: #tokenizedgold #futurespositions #openinterest #spottrading #glassnode #tethergold #paxgold #cryptoexchanges #gate #okx
No comments:
Post a Comment