Record Institutional Demand Drives Ethereum Futures Surge

Ethereum futures markets have experienced a historic surge in activity, reaching unprecedented levels of interest from institutional investors. CME group data revealed an open interest surpassing $10 billion, marking the first time this milestone has been reached. This influx is fueled by the expanding DeFi landscape and increasing institutional participation, as evidenced by prominent figures like Tom Lee’s BitMine aiming to secure a 5% stake in Ethereum’s total supply.