After the SEC approved the spot Ethereum ETF, both the open interest in ETH futures and the trading volume of options in May reached historical highs
According to ChainCatcher news, data from The Block Pro shows that with the approval of the spot Ethereum ETF by the U.S. Securities and Exchange Commission, the open interest of Ethereum futures in May increased by 52%, reaching an all-time high; the trading volume of Ethereum options reached a new high of $31.4 billion, up 19.2%, also setting a record. In terms of Bitcoin, the open interest of Bitcoin futures in May increased by 12.9%, while the trading volume decreased by 21%, falling to $1.26 trillion, and the trading volume of Ethereum futures rose by 0.2%; the open interest of Bitcoin options rebounded, increasing by 30.5%, and the open interest of Ethereum also rose, increasing by 41.4%, with Bitcoin options trading volume reaching $46.8 billion, down 1.2%.In addition, the open interest of CME Bitcoin futures increased by 15.9%, rising to $10.3 billion, while the daily average volume decreased by 9%, falling to about $4.35 billion; the monthly average trading volume of Ethereum futures decreased to $69.2 billion, with a slight increase of 0.2%.