📣Cryptocurrency news! The price of Ether (ETH) rose by more than 18% following a surge in Ethereum ETF approval rates by Bloomberg senior analyst Eric Balchunas. The SEC may be under political pressure to approve these changes, which could delay a final decision beyond the May 23 deadline. 🚀
Additionally, open interest in Ether options as of May 24 on Deribit is $867 million, reaching an impressive $3.22 billion by May 31. If the Ether price stays above $3,600, only 440,000 will be involved at expiration. USD put options.
This means that investors were more active in buying call options than selling put options. What do you think about this news? Do you think ETH will continue to grow? Leave us your comments! 💬 $SOL