A new record may come for Ethereum on the Chicago Commodity Exchange (CME), where institutional cryptocurrency investors trade.
According to data from The Block, the value of Ethereum option open positions on the CME exchange has already increased this month. for $468 million reached. There are still almost two weeks left until February 23, the last maturity date of February.
The value of open positions is already A total of 385 million dollars recorded during January outnumbered. in December $510 million For Ethereum if the level is exceeded a new record It will be broken.
Bitfinex analysts found significant activity in Ethereum futures contracts last month. Analysts, “Trading volume of Ethereum futures contracts on CME increased in January From speculation that Ethereum ETFs may be approved because It grew by 15.6%.” said.
Following the approval of Bitcoin ETFs in the US, several issuers, including BlackRock and Franklin Templeton, Setting up a spot Ethereum ETF took action for. Ethereum on a daily basis gained 7.3% And From 2 thousand 674 dollars is being traded.
