What the 24/7 Trading Model Brings

Previously, CME’s crypto products were available for trading from Sunday evening to Friday evening, with a one-hour daily maintenance window. The new 24/7 model will eliminate these gaps, allowing investors to trade crypto derivatives at any time.

Through the CME Globex platform, market participants will have continuous access to cryptocurrency futures and options. This development provides greater flexibility and opportunities, particularly for investors active in global markets.

Covered Products

The 24/7 trading model will include major crypto futures such as:

• Bitcoin futures

• Ethereum futures

• Solana (SOL) futures

• XRP futures

In addition, options linked to these futures will be fully integrated into electronic trading. Previously, options could only be traded 24/7 via bilateral agreements; now, continuous electronic access will be available.

Aligning Crypto Markets with Traditional Finance

This development represents a significant step in harmonizing traditional financial systems with the always-on nature of crypto markets. Investors will now be able to:

• Trade any day and any time of the week

• Utilize liquidity more effectively

• React instantly to price movements

The change is expected to create strategic opportunities for institutional investors and large portfolio managers, offering new ways to manage exposure and respond to market dynamics in real time.

The launch of 24/7 trading for CME’s cryptocurrency futures and options enhances market accessibility and trading flexibility. Investors will now have the ability to monitor global crypto movements more efficiently and implement strategies continuously, bridging the gap between traditional financial infrastructure and the always-active crypto ecosystem.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post CME Group to Offer 24/7 Trading for Crypto Futures and Options appeared first on Coin Engineer.

According to CryptoQuant analyst Maartunn, this growth is the result of a combination of risk-hedging and expectations of price appreciation. Fund managers are using derivative products to hedge their positions while continuing to seize upside opportunities. 

Another indicator supporting this institutional movement is the rise of spot ETH ETFs. Data from SoSo Value reveals that spot Ethereum ETFs have seen uninterrupted inflows for the past 16 days, with total inflows exceeding $5 billion during this period. 

ETF Inflows Accelerate, BlackRock Leads 

Ethereum ETFs are currently experiencing the strongest streak of inflows since their launch. BlackRock’s ETH ETF is leading this trend and currently holds nearly 3 million ETH. According to ETF analyst Nate Geraci, net inflows into the funds reached $452.72 million on July 25 alone. This figure marks the fourth-largest single-day inflow in Ethereum ETF history. 

Moreover, ETH ETFs have outperformed Bitcoin ETFs in terms of performance over the past 7 days. This indicates that investors are increasing their positions in favor of ETH and that new capital flows are shifting accordingly. 

Whale Addresses Increase, Technical Indicators Support the Rally 

Institutional movement isn’t limited to ETFs. Data from Glassnode shows that 170 new addresses holding more than 10,000 ETH have been added to the network in the last 30 days. This increase has brought the total number of such mega whale wallets to 1,050. These types of wallets usually belong to custodial institutions and indicate a strong accumulation trend. 

The price of ETH is currently trading at $3,771. It has risen by 2.41% in the past 24 hours, while daily trading volume has decreased by 40% to $25.38 billion. The total market capitalization has reached $452 billion. 

On the technical side, analyst Merlijn The Trader noted using TradingView data that Ethereum is still moving within its long-term primary channel. This channel previously generated strong reversal signals in 2018 and 2021. Additionally, RSI data indicates that ETH is not currently in overbought territory, suggesting that the rally remains healthy. 

The acceleration in institutional buying, the record open interest in futures, increased ETF inflows, and the rise in mega whale wallets may all create upward pressure on Ethereum’s price in the coming period. The direction of institutional capital appears to favor ETH.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates. 

The post Ethereum OI Hits All-Time High as Institutional Flows Rise! appeared first on Coin Engineer.

ShayanBTC pointed out that the traders’ posture in the perpetual futures market is mostly shown by the bottom of the financing rates. In this sense, it begs various questions about the $ETH short-term price trend. In the market of perpetual futures, traders use financing rates to balance the demand between short and long holdings. Rising rates of funding point to traders trying to keep long positions.

Conversely, decreased financing rates allude to the traders’ active migration toward short positions. Under such circumstances, many gamble on the price declining. The current pattern, in which financing rates are declining, indicates the predominance of short sellers on the market. Apart from this, buyers show the least desire to face the relevant pressure.

The 50-day moving average of Ethereum about funding rates helps to balance the short-term swings and offers a larger perspective. For some weeks, it has been progressively sinking; 2024 marks the lowest points. This ongoing pattern emphasizes the strong bearish attitude in the market. Apparently only a small number of traders are ready to use the market orders to create purchase orders.

Ethereum has therefore experienced constant downward pressure as the prices are fervently seeking support. Regarding Ethereum’s recovery, the demand for the perpetual futures has to rise. Such a development would indicate a fresh buying enthusiasm. Should this reversal fail, the price of ETH could perhaps experience additional falls.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Bearish Signals Grow in Ethereum Futures Market appeared first on Coin Engineer.