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Cryptoverse: Bitcoin derivatives traders bet billions on ETF future

    Open interest, the amount invested in bitcoin futures, has steadily increased since October and leapt to $19.2 billion in early December, its highest level in two years, according to information platform Coinglass. "We eagerly await the SEC's decision," said analysts at analytics firm Amberdata. "This event has been factored into the options market's pricing since October, creating a heightened sense of anticipation."

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