The U.S. Securities and Exchange Commission (SEC) has approved options for spot ETH ETFs offered by major firms like BlackRock and Fidelity. These options allow investors to better manage risk and make informed decisions in different market conditions. This follows a similar approval for
Bitcoin ETF options last October, which boosted market activity and price transparency.
With these new approvals, 2025 could bring a wave of crypto-related investment products. ETF options are especially useful for institutional investors and traders who want to bet on or protect against price changes in crypto assets.
In addition, 21Shares has proposed a
Dogecoin (DOGE) ETF, with support from the Dogecoin Foundation. This product targets both regular and professional investors looking for unique investment opportunities. Dogecoin is praised for its fast transaction times, low fees, and strong online community. Unlike Bitcoin’s focus on being rare and valuable, Dogecoin is positioned as a practical and engaging digital currency for everyday use.
Futures Market Updates
Over the past 24 hours, both BTC and ETH futures experienced a decline in open interest, with BTC dropping by 3.66% and ETH by 2.75%, indicating a general cooling in market activity. BTC futures saw a more moderate decline in trading volume (-17.56%) compared to ETH's sharper drop of 31.52%, suggesting greater investor pullback in ETH markets. Despite the lower volume, ETH recorded slightly higher long liquidations than BTC. Both markets are showing nearly balanced long/short ratios, reflecting uncertainty among traders. Notably, ETH futures showed a negative funding rate, contrasting BTC's slightly positive rate, pointing to more bearish sentiment in the ETH market.
BTC Futures Updates
Total BTC Open Interest: $52.75B (-3.66%)
BTC Volume (24H): $144.60B (-17.56%)
BTC Liquidations (24H): $62.26M (Long)/$29.29M (Short)
Long/Short Ratio: 49.96%/50.04%
Funding Rate: 0.0012%
ETH Futures Updates
Total ETH Open Interest: $17.35B (-2.75%)
ETH Volume (24H): $60.63B (-31.52%)
ETH Liquidations (24H): $64.60M (Long)/$24.71M (Short)
Long/Short Ratio: 49.79%/50.21%
Funding Rate: -0.0032%
Top 3 OI Surges
BABY: $55.20M (+1361.30%)
MANEKI: $2.37M (+403.66%)
ZRC: $8.36M (+264.08%)
