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CME’s Crypto Derivatives Volume Rockets 129% in April—Ethereum Steals the Spotlight
CME’s Crypto Derivatives Volume Rockets 129% in April—Ethereum Steals the Spotlight
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Wall Street’s favorite crypto playground just got louder. CME Group’s crypto derivatives volume exploded by 129% last month—with Ethereum futures and options leading the charge like a bull escaping the SEC’s china shop.
The institutional stampede comes as ETH flirts with its 2021 highs, proving once again that traders will always find a way to gamble... sorry, ’hedge’... even when the regulators are busy drawing red lines in the sand.
Funny how these ’risky, speculative assets’ keep attracting nine-figure volumes the moment traditional finance smells blood in the water. But hey, at least the suits are finally learning to front-run retail for a change.
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