ChainCatcher news, according to Bitcoin.com, Brazil's stock exchange B3 is considering expanding its local cryptocurrency trading options to offer ETH futures contracts to its clients.It is reported that the exchange is a pioneer in providing cryptocurrency-related trading products in the Latin American region and will focus on institutional investors looking to diversify their traditional or cryptocurrency portfolios with more options.

ChainCatcher news, Coinbase announced that, in response to institutional demand, its derivatives exchange regulated by the U.S. CFTC, Coinbase Derivatives Exchange, will launch BTC and ETH institutional futures contracts on June 5.It is reported that the size of the Coinbase Bitcoin (BTI) futures contract and the Coinbase Ether (ETI) futures contract is 1 BTC and 10 ETH per contract, respectively, and can be accessed through third-party futures commission merchants (FCM) and brokers. In addition to risk management and higher precision, these institutional-sized contracts have much lower fees compared to traditional products, allowing institutions to maximize capital efficiency. (source link)

ChainCatcher message, according to official data, since April 10, the number of active or open ETH futures contracts traded on the Chicago Mercantile Exchange (CME) has increased by 39%. In dollar terms, the value of open contracts has risen by more than 70%, reaching $633 million, the highest level since March 2022.Given that CME futures linked to ETH and BTC are widely regarded as a representation of institutional trading activity, it can be inferred that institutional interest in trading ETH has been gradually increasing since the successful Shanghai upgrade. (source link)