{"id":77923,"date":"2023-04-27T10:26:00","date_gmt":"2023-04-27T07:26:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77923"},"modified":"2025-09-11T02:02:16","modified_gmt":"2025-09-10T23:02:16","slug":"cme-ethereum-options-hit-records-after-shapella-activation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cme-ethereum-options-hit-records-after-shapella-activation\/","title":{"rendered":"CME Ethereum Options Hit Records After Shapella Activation"},"content":{"rendered":"

Trade volume and open interest (OI) in Ethereum options on CME<\/span> have reached historic highs. The catalyst was the successful rollout of the Shapella<\/em><\/a> hard fork, The Block<\/a> reports.<\/p>\n

For a partial April, the platform’s institutional-focused OI rose to $205 million, trading volume to $272 million, up from $94.7 million in March. The 187% increase is linked to activity in instruments based on the second-largest cryptocurrency. Investors reacted to the introduction of the option to withdraw coins from staking<\/a>.<\/p>\n

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“<\/em>Shapella<\/em><\/a> reduced risks for Ethereum by closing the capital-formation loop. Validators gained the ability to withdraw cryptocurrency,”<\/em> \u2014 explained Carlos Gonzalez, an analyst at 21Shares.<\/p>\n<\/blockquote>\n

The expert noted a decline in liquidity risk, an area of focus for institutions.<\/p>\n

\n

“<\/em>The largest weekly inflow of funds<\/em><\/a> into staking, primarily via institution-focused platforms such as Stakefish, Staked.US, Kiln, Figment and Bitcoin Suisse<\/em>\u2014 totalling 162,464 ETH over the last seven days<\/em>,<\/em> he calculated.<\/p>\n<\/blockquote>\n

Gonzalez noted a drop to a three-year low of 30 DMA in Ethereum’s spot-to-futures turnover ratio, with activity recently outpacing on futures markets.<\/p>\n

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“<\/em>The Merge<\/em><\/a> has kept the metric in a narrow range since September 2022. This points to growing attractiveness of the system, as investors weigh how<\/em> Proof-of-Stake<\/em><\/a> and withdrawals from staking will affect Ethereum’s future,”<\/em> \u2014 explained the specialist.<\/p>\n<\/blockquote>\n

CME launched Ethereum options in September 2022.<\/p>\n

In April 2023 the exchange expanded its list of options on Bitcoin and Ethereum, adding contracts that expire on every business day from Monday to Friday.<\/p>\n

As reported, the amount of funds in liquid staking protocols has approached $18 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Trading volume and open interest (OI) in CME Ethereum options hit record highs. The catalyst was the successful rollout of the Shapella hard fork.<\/p>\n","protected":false},"author":1,"featured_media":77924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[383,1168,46],"class_list":["post-77923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cme-group","tag-crypto-derivatives","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77923"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77923\/revisions"}],"predecessor-version":[{"id":77925,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77923\/revisions\/77925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77924"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}