Ethereum Futures on CME Hit Record Highs
Open interest in Ethereum futures on the CME has reached a new record, surpassing 700,000 contracts. This milestone reflects growing investor confidence, driven by ETH's continued price ascent. Analysts are projecting optimistic targets between $8,000 and $10,000, supported by a strong price floor between $1,800 and $2,000.
The CME reports this all-time high in Ethereum derivatives participation, highlighting a notable acceleration in contract size by expiration term. A significant portion of these contracts is set to mature within six months.