CME’s bitcoin-cash:native and UNI futures open with the Oct 19 trade date. The leverage their announcement attracted was gone before the first contract traded. 📈 On Sep 22, the day CME announced the listings, bitcoin-cash:native rose ~29% and its open interest nearly doubled, to $295.3M. 🧭 By the Oct 18 close, bitcoin-cash:native open interest in coins was ~560K BCH, within 1% of where it sat on Sep 21. 📉 From Sep 22 to Oct 18, bitcoin-cash:native fell ~20% and UNI ~30%, while BTC slipped under 5%. 📊 Exchanges held ~8.2M more UNI on Oct 18 than on Sep 17, a balance within 2% of its Oct 8 peak. bitcoin-cash:native’s new contracts start trading against the same positioning that existed before anyone knew they were coming. 🔗 Explore BCH open interest in Sanbase: https://app.santiment.net/charts/cme-coins-coin-oi-32237?utm_source=x&utm_medium=post&utm_campaign=cmelaunch_1026&aff=33