📊 Omkar Godbole: Huge capital is flowing from Bitcoin to Ethereum

🔺 Analyst Omkar Godbole notes a shift in institutional investor interest towards Ethereum. According to him:

🔴 On Deribit, traders are actively buying call options at $ETH .

🔴 Open interest in Ethereum futures on CME has increased by 186% since April — to $3.15 billion.

🔴 In comparison, for $BTC , the growth was 70% — to $17 billion, and it has slowed down in recent days.

📈 Futures premiums confirm the trend:

🔴 For monthly ETH futures, the annual premium reached 10.57% (the highest since January).

🔴 For Bitcoin — 8.74%.

💵 Funding rates have also increased:

🔴 For perpetual Ethereum futures — nearly 8%,

🔴 For Bitcoin — below 5%.

🕔 Vitalik Buterin previously noted that Ethereum could become a reliable alternative to centralized payment systems — against the backdrop of growing interest, this statement gains new relevance.

#CryptoNews #Ethereum #bitcoin #Investing #blockchain

📢 Subscribe to #MiningUpdates for the latest news!