Ethereum futures open interest has exceeded $10 billion for the first time, highlighting growing institutional adoption, according to CME Group data. This milestone comes as ETH spot ETFs have attracted inflows ten times greater than Bitcoin ETFs since August 21, totaling $1.83 billion. Giovanni Vicioso from CME Group noted a record number of large open interest holders in Ether futures.
Ethereum's network activity is also on the rise, with daily transactions up by over 43% year-on-year. Institutional interest is evident, with 70 companies adding Ethereum to their balance sheets. Analysts suggest Ethereum will gain from the GENIUS Act, which aims to provide regulatory clarity for stablecoin issuers, reinforcing its dominance in the stablecoin market.
Ethereum Futures Open Interest Surpasses $10 Billion, Outpacing Bitcoin ETFs
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