CME Ethereum options trading volume hits new high in May
Data from The Block shows that CME's Ethereum futures and options trading volume reached $1.26 billion in May. This is a significant increase compared to the $615.75 million in trading volume in April and sets a new record for monthly trading volume. According to Wednesday's Wintermute market update, CME's open interest in Ethereum futures contracts is nearing an all-time high. Wintermute analysts say that the increase in open contracts indicates that institutional investors are becoming increasingly interested in Ethereum trading (as opposed to Bitcoin) due to the expected launch of an Ethereum spot ETF.
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
CandyBomb x ROBO: Trade futures to share 340,000 ROBO!
OPNUSDT now launched for pre-market futures trading
Join the BGB holders group—unlock Spring Festival Mystery Boxes to win up to 8888 USDT and merch from Morph
Trading Club Championship (Margin)—Trade to share 58,000 USDT, with up to 3000 USDT per user!
