Analysis: Institutional funds begin to favor Ethereum, and indicators from three major derivatives exchanges show a bullish trend for ETH

Mars Finance News: Recent derivatives market data shows that institutional investors' interest in Ethereum (ETH) is rising, displaying a more bullish tendency compared to Bitcoin (BTC). First, the risk reversal indicator in the Deribit options market shows that ETH call options are priced higher than put options, indicating investors expect ETH prices to rise. Secondly, CME data shows that the number of outstanding ETH futures contracts is growing faster than BTC, reflecting more funds flowing into the ETH derivatives market. Additionally, according to Velo data, the annualized premium for ETH one-month futures is 10.5%, the highest level this year, while BTC is 8.74% for the same period. These indicators collectively suggest that despite ETH dropping approximately 20% year-to-date, institutional investors remain optimistic about its future performance. (CoinDesk)