Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
SEC documents reveal the main reason for Ethereum spot ETF: CME Ethereum futures and spot trading platform correlation is as high as 96% to 99%

SEC documents reveal the main reason for Ethereum spot ETF: CME Ethereum futures and spot trading platform correlation is as high as 96% to 99%

Bitget2024/05/24 08:21

According to Wu Shuo, SEC documents show that the main reason for the Ethereum spot ETF is that the correlation between CME Ethereum futures and certain spot Ethereum trading platforms has reached 96% to 99%. Monitoring sharing protocols such as CME can effectively prevent fraud and manipulation issues. Much of the document is devoted to statistical evidence of this high correlation.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit

Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.

智通财经•2026/10/28 23:26

AI contract manufacturing and advanced packaging drive double inflection points, KLAC (KLAC.US) posts ten consecutive quarters of revenue growth, Q2 guidance exceeds expectations

KLA Corporation (KLAC.US) reported first-quarter revenue of $4.136 billions, surpassing expectations and marking ten consecutive quarters of growth. The company's guidance for the next quarter remains strong, with shares rising 3.2% after hours, as ongoing AI demand continues to drive momentum.

智通财经•2026/10/28 23:16