CME Ethereum options trading volume hits new high in May

Bitget App

Trade smarter

Cointime2024/05/29 12:46

By:Cointime

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.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

BC.GAME, a leading name in Web3 gaming, has unveiled a major brand overhaul, introducing a new logo, updated colour scheme, and the bold slogan “Stay Untamed.” The rebrand signals the company’s sharpened focus on crypto integration and its vision to build a global, community-driven Web3 entertainment ecosystem.

DeFi Planet•2025/05/13 17:00

BC.GAME Rebrands, Expands $BC Crypto Ecosystem

Ethereum Rally Stalls Near $2.58K as Holders Take Profits

Ethereum is priced at $2,438, marking a 3.5% decline in the last 24 hours after experiencing a 34% increase over the past week. According to data from Coinglass, open interest has fallen by 2%, suggesting a decrease in leveraged positions. This pullback comes after an impressive rally, during which ETH rose from $1,800 to over $2,500 in just a few days.

DeFi Planet•2025/05/13 17:00

Ethereum Rally Stalls Near $2.58K as Holders Take Profits

Truth Social Denies Memecoin Launch Amid Trump Token Controversy

Truth Social, the social media platform owned by Trump Media & Technology Group, has denied circulating rumours suggesting it is launching a memecoin. In an official post, the platform dismissed the speculation as false, reiterating that it had no involvement in any crypto token launch.

DeFi Planet•2025/05/13 17:00