In July, the CME recorded Ethereum futures trading volume of 118 billion USD, an increase of 82% from June. This surge indicates rising investor interest in trading ETH futures amid its impressive price performance.
Open interest in Ethereum futures jumped 75%, growing from 2.97 billion USD to 5.21 billion USD. This increase reflects stronger market participation and highlights Ethereum’s growing significance as a financial asset.
During the past week, ETH’s price rose over 17%, currently trading around 4,300 USD, just 13% short of its all-time high. This bullish trend is supported by increasing adoption of ETH in decentralized finance and institutional interest.
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