- CME reported that the Hedge Fund's Ethereum Spot Position reached a record high.
- Demand for both long positions and Ethereum physical ETFs increased simultaneously.
- The demand for Ethereum physical ETFs by institutional investors is expected to continue rising.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The Hedge Fund's Chicago Mercantile Exchange (CME) Ethereum Spot Position has reached a record high.
On the 28th (local time), a representative from the cryptocurrency exchange stated through X that "the Hedge Fund's Ethereum Spot Position at the Chicago Mercantile Exchange has reached a record high," while also noting that "demand for both long positions and Ethereum physical ETFs has increased simultaneously." Furthermore, they mentioned, "This is seen as an influence on the cash and carry trade," and "it indicates the existence of demand following institutional investors rather than individual investors." Earlier, the representative stated, "The demand for Ethereum physical ETFs by institutional investors is increasing," and "the demand for Ethereum physical ETFs will continue to rise alongside Bitcoin and other cryptocurrencies."