Analysis: Institutional funds are beginning to favor Ethereum, and derivative trading indicators show a bullish trend towards ETH

Odaily Planet Daily News: Recent derivatives market data shows that institutional investors' interest in Ethereum (ETH) is on the rise, showing a bullish trend compared to Bitcoin (BTC). Firstly, the risk reversal indicator in the Deribit options market shows that the price of ETH call options is higher than that of put options, indicating that investors expect ETH prices to rise. Secondly, data from CME shows that the number of open contracts in ETH futures is growing faster than BTC, reflecting more funds flowing into the ETH derivatives market. In addition, according to Velo data, the annualized premium of ETH one month futures is 10.5%, the highest level since the beginning of this year, while BTC has a premium of 8.74% during the same period. These indicators collectively indicate that although ETH has fallen by about 20% year to date, institutional investors are optimistic about its future performance. （CoinDesk）