Ethereum futures trading volume surpasses Bitcoin on CME for the first time

According to Markets.com, Ethereum futures trading volume has surpassed Bitcoin for the first time on the CME, sparking speculation in the market about Ethereum entering a super cycle.

CME's Director of Equity and Crypto Products, Priyanka Jain, pointed out that the volatility of Ethereum options is currently higher than that of Bitcoin, attracting more traders and boosting futures activity. In July of this year, the open interest in ETH futures also exceeded that of BTC for the first time. Although BTC still dominates in terms of dollar trading volume, the participation in ETH derivatives is accelerating.