📈🚀 David Duong, Coinbase's Head of Institutional Research, has highlighted a significant development: open interest in the CME ETH futures contract surged by approximately 11% from August 17 to 23. This surge, amounting to a nominal value of $3.48 billion, is attributed to the anticipation of an Ethereum futures ETF approval. Exciting times ahead for Ethereum enthusiasts and the broader crypto market! 🌐🔗 #ETH #FuturesETF #MarketDevelopment #CryptoNews