Bitcoin futures show steady growth with $95,670 contracts
Bitcoin’s (CRYPTO:BTC) futures market is signaling cautious optimism among investors, with December CME contracts trading at $91,355 and June 2025 contracts reaching $95,670, according to MarketWatch.
ARK Invest noted that while Bitcoin futures have historically shown speculative behavior when in contango, the current state appears more measured.
“Compared to earlier in 2024, the market appears less overbought now,” ARK said, emphasising a more stable pricing environment.
Earlier in 2024, when Bitcoin reached nearly $71,000, futures on offshore exchanges traded at a 30% premium over spot prices, which ARK described as “speculative.”
By October, this premium dropped to around 11%, indicating a reduction in speculative pressure despite a price rally.
The gradual price increase in futures contracts, with projections for December 2025 surpassing $100,000, suggests a cautiously bullish outlook for Bitcoin.
ARK highlighted that the narrower contango points to more balanced sentiment, which could help maintain current price levels if speculative excess remains limited.
Institutional interest has grown alongside the upward trend in Bitcoin futures, with increased participation in CME contracts noted by market analysts.
Rising futures prices align with this greater involvement from institutional investors, reflecting confidence in Bitcoin’s long-term potential.
Trading volumes in exchange-traded funds (ETFs) have also surged, with hedge funds and asset managers taking longer positions without direct ownership.
This trend is partly fueled by regulatory optimism after the Republican return to the White House and evolving economic conditions.
The anticipation of new U.S. ETFs launching in 2025 is expected to further expand access for institutional buyers, supporting continued interest in Bitcoin.
At the time of reporting, the Bitcoin price was $89,634.97.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MARA's stock jumps after raising $1 billion via convertible notes to buy more bitcoin
MARA Holdings announced the successful closing of its $1 billion offering of 0% convertible senior notes due 2030.The bitcoin miner plans to allocate around $199 million of the proceeds to repurchase $212 million in principal of its existing convertible notes due 2026. The remaining funds will be used to acquire more bitcoin.
Gold loses luster as institutional demand fuels bitcoin price surge, analysts say
Bitcoin’s 46% surge over the past month, contrasted with gold’s 3% decline, highlights a shifting investor preference toward alternative store-of-value assets, analysts say.Derivatives traders are buying up bitcoin call options ahead of Trump’s inauguration, signaling strong bullish sentiment for the beginning of 2024.
SEC is 'engaging' Solana ETF applicants: report
SEC “engaging” on Solana ETF applications, sparking optimism for potential approval in 2025.VanEck, 21Shares, and Bitwise lead Solana ETF filings amid pro-crypto White House hopes.SOL token rises 4.6% to $247.91, bolstered by Solana’s strong DeFi ecosystem and demand.
Shiba Inu Developer Says SHIB Is No Longer a Memcoin