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Home Cryptocurrency Ethereum

Ethereum Futures Volumes Plummet Amid ETF Launch

Ethereum's CME derivatives volumes drop post-ETF launch, signaling waning institutional interest.

by John Darbie
Thu, Sep 5, 2024 11:37pm
in Ethereum
• 2 mins read
13.9k
Ethereum Futures Volumes Plummet Amid ETF Launch | FinOracle

Photo: Finoracle.net

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Institutional Interest in Ethereum Derivatives Declines

Ethereum derivatives on the CME (Chicago Mercantile Exchange) have experienced a notable decline in trading volumes. This downturn follows the recent introduction of spot Ethereum ETFs (Exchange-Traded Funds), which was initially anticipated to boost activity but has instead reflected a reduced interest from institutional investors.

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