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Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals

Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals


Bitcoin.com
2024-05-29 01:02:46

Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest.


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