CME Loses Ethereum Futures Lead to Binance Amid ETF Outflows
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Market Position Shift: CME Group's Ethereum futures open interest has dropped to 1.69 million ETH, valued at $5.03 billion, losing its top position to Binance, which boasts 2.76 million ETH in open interest worth $8.24 billion, indicating intensified market competition.
- Declining Institutional Interest: Institutional interest in spot Ethereum ETFs continues to wane, with $9.6 million in outflows recorded on Monday, marking the fourth consecutive day of outflows, reflecting a lack of confidence in the market as Ethereum hovers around $3,000.
- Price Volatility Analysis: Ethereum's trading range over the past 24 hours has been between $2,908 and $2,997, with a 10% increase in trading volume indicating heightened trader interest; however, analysts caution that it must hold the $3,000 support level to gain upward momentum.
- Future Outlook: Matrixport predicts that 2026 will be a pivotal year for Ethereum, as a breakout from the current triangle formation could trigger a significant rally, despite current selling pressure in the derivatives market, with CME's futures open interest down 0.6% in the last four hours.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
