BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Ethereum Soars Past $2,700 as CME Exchange Records Highest Ether Futures Open Interest Since February
Ethereum Soars Past $2,700 as CME Exchange Records Highest Ether Futures Open Interest Since February
8
1
CME exchange News -
Ethereum surged past $2,700 for the first time in four weeks, trading at $2,795.14 with a 6.2% daily gain. The rally outperformed Bitcoin (2.2%), XRP (4%), and other major altcoins, sparking speculation of an impending altseason.
Institutional interest is accelerating, with CME Ether futures open interest hitting $3.27 billion—the highest since February. Spot ETH ETFs have recorded eight consecutive weeks of inflows, signaling growing demand for regulated exposure.
Analysts at Swissblock identify the next 72 hours as critical. Sustained momentum could confirm a market shift where altcoins consistently outperform Bitcoin, mirroring historical altseason patterns.
By:
Previous
ICE Reports Record First-Half Trading Volumes in 2025
Next
Australia’s Central Bank Advances Wholesale Tokenized Asset Markets with Project Acacia
