![Ethereum Futures Open Interest Hits All-Time High Following ETF Approvals](https://www.clublaura.com/wp-content/uploads/2024/05/ddssxccc.jpg)
Ethereum has experienced a significant increase since the U.S. Securities and Exchange Commission (SEC) approved a group of spot ether exchange-traded funds (ETFs). This week, ether reached a high of $3,980 per coin, which is approximately 18.4% below its all-time high. Amid fluctuating prices, ethereum futures markets have achieved a record high in open interest. […]