By Nidhi Kolhapur 29 May 2024 | 7:48 pm

Ether Options Trading Volume On CME Reach ATH in May

The post Ether Options Trading Volume On CME Reach ATH in May appeared first on Coinpedia Fintech News

The monthly trading volumes of options of ether futures on the CME have reached an ATH this month, reaching $1.26B for May, a substantial rise compared to April’s volume of $615.75 million. Wintermute analysts suggest that the increase in open interest signifies the increasing interest of institutional investors in trading ether relative to bitcoin amid the upcoming launch of spot ether ETFs.