CME’s ether futures now account for 10% of the OI in the ETH futures market

Ether futures see growing popularity on CME leading open interest to push above $1 billion on CME.
Source: Skew

The open interest on ETH futures on CME has quietly surpassed $1 billion, with CME’s market shares in the ETH futures sitting at 10%. This is well below the +20% market share seen in the BTC futures market.

The ETH growth on CME shows that it is demand among institutional investors seeking to get exposure to both ETH and BTC. The relatively low market share compared to the BTC futures is not surprising, given that the ETH futures have only been live since February this year.

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