JUST IN: Bitcoin open interest jumped 23% in two months, triggering leverage fears.
However, $47B remains well below Oct. 2025 levels.
Calling the $87k rally derivatives-driven makes no sense: ETFs just bought $2.6B in 5 days!
JUST IN: Bloomberg declares the crypto regulatory war is over.
"SEC and CFTC regulation is OK for the time being, even if short of Congressional action."