After the US SEC approved the spot Ethereum ETF, the open interest of ETH futures and the trading volume of options in May both hit record highs
According to data from Theblockpro, as the US Securities and Exchange Commission approved spot Ethereum ETF, the open interest of May Ethereum futures rose by 52%, reaching a historical high. Ethereum options trading volume reached a new high of $31.4 billion, up 19.2%, also setting a historical high. As for Bitcoin, the open interest of May Bitcoin futures increased by 12.9%, trading volume decreased by 21%, falling to $1.26 trillion. Ethereum futures trading volume increased by 0.2%; Bitcoin options open interest rebounded, with an increase of 30.5%, and Ethereum holdings also increased, with an increase of 41.4%. Bitcoin options trading volume reached $46.8 billion, a decrease of 1.2%.
In addition, the open interest of CME Bitcoin futures increased by 15.9%, rising to $10.3 billion, and the daily average volume decreased by 9%, falling to about $4.35 billion. The monthly trading volume of Ethereum futures decreased to $692 billion, with a slight increase of 0.2%.
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.
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