Data tracked by Wintermute show bitcoin futures now account for 48% of the total notional open interest in the crypto futures market, while alternative cryptocurrencies, including ether, account for the rest. In March, when optimism was at its peak, bitcoin represented just 31% of the global open interest.
Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk With Shift to Bitcoin (BTC)
