Ethereum Futures Surpass Bitcoin on CME, Sparking Supercycle Speculation

According to ChainCatcher, Ethereum futures trading volume has surpassed Bitcoin for the first time on the Chicago Mercantile Exchange (CME), leading to speculation about an impending supercycle for Ethereum. Priyanka Jain, CME's Director of Equity and Crypto Products, noted that Ethereum options volatility is currently higher than Bitcoin's, attracting more traders and increasing futures activity. In July, open interest in ETH futures also exceeded that of BTC for the first time. While Bitcoin still leads in dollar transaction volume, participation in Ethereum derivatives is rapidly increasing source: https://www.binance.com/en/square/post/33195221862793?utm_source=BinanceNewsRSS