ETH Futures Open Interest Don Pass $10B As ETF Money Dey Flow Well

Ethereum futures open interest for CME don reach new record, pass $10 billion as institutional demand dey increase. Micro ETH futures positions don pass 500,000 contracts, while ETH options open interest sef don exceed $1 billion. US spot Ethereum ETFs gather $3.69 billion for August, make total ETF inflows reach $13.64 billion. BlackRock's Ethereum ETF add 67,899 ETH ($315 million) on August 25. At the same time, BitMine wey Tom Lee dey lead hold 1.7 million ETH and plan to buy 4.3 million more to control 5% of the supply. After e buy 190,000 ETH ($873 million), BitMine treasury now dey $8.8 billion. ETH don rise over 20% dis month, dey trade around $4,584 and dey near e August 24 high of $4,953. The increase for Ethereum futures open interest and ETF inflows show say institution support strong and fit push price higher.