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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 hit overdrive. CME Group’s crypto derivatives volume exploded by 129% last month—with Ethereum contracts leading the charge like a bull through a china shop.
While TradFi giants pretend to ’evaluate blockchain use cases,’ their traders are quietly piling into ETH futures like degens on margin. The irony? These are the same institutions that spent years dismissing crypto as a ’fraud.’ Now they can’t get enough of its volatility.
One hedge fund manager (who insisted on anonymity) quipped: ’We hate the tech, but love the gamma.’ Classic finance—hate the game, but play it better than anyone.
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