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
Golden Finance reported that according to data from Theblockpro, as the U.S. Securities and Exchange Commission approved the spot Ethereum ETF, Ethereum futures open interest rose 52% in May, setting a record high; Ethereum options trading volume reached a record high of US$31.4 billion, up 19.2%, also setting a record high. In terms of Bitcoin, the increase in Bitcoin futures open interest in May reached 12.9%, the trading volume fell 21% to US$1.26 trillion, and the Ethereum futures trading volume rose 0.2%; Bitcoin options open interest rebounded by 30.5%, Ethereum positions also rose by 41.4%, and Bitcoin options trading volume reached US$46.8 billion, down 1.2%. In addition, CME Bitcoin futures open interest increased by 15.9% to US$10.3 billion, and the daily avg volume fell by 9% to about US$4.35 billion; the average monthly trading volume of Ethereum futures decreased to US$692 billion, a slight increase of 0.2%.
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