CME Ethereum Futures Hit Record $240M Trading Volume This We

CME Ethereum Futures Hit Record $240M Trading Volume This Week Signalling Rising Demand


Volumes and open interest for CME Ethereum Futures reached a record high this week, according to data from crypto analytics platform Skew.
What Happened: Daily volume neared $240 million in a single day, and total open interest crossed $180 million. These were the highest observed levels since CME launched its Ethereum futures on Feb 8.
CME Ether futures had a record volume day this week pic.twitter.com/zchWxeA4O5
An associate from crypto asset fund Decentral Park Capital, Lewis Harland, highlighted that the all-time high in open interest on CME ETH futures was a sign that institutional demand for the cryptocurrency is growing.

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