- Ethereum futures spike as ETH crosses a crucial price point.
- Futures open interest grew 50% in May 2025.
- ETH broke $2,000; traders expect continued growth.

Ethereum’s futures open interest saw a remarkable 50% growth in May 2025, as ETH surpassed the $2,000 mark, indicating heightened trader interest.
The surge in Ethereum futures highlights increased market speculation, with retail traders driving momentum as ETH breaks a key resistance level.
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In May 2025, Ethereum futures saw notable growth, with open interest rising from $20.77 billion to $31.16 billion. The increase coincided with ETH breaking the psychological $2,000 barrier, previously untouched for over two months.
REKT CAPITAL, a renowned crypto analyst, emphasized the importance of ETH closing above the daily CME gap between $2,530 and $2,630. This could signal restored bullish trends with a new target in the $2,892–$3,033 range.
“ETH surpassing the daily CME gap between $2,530 and $2,630 is crucial; a daily close above this zone would fully reclaim this gap and restore a bullish trend.”
Retail traders on platforms like Binance and Bybit have shown substantial positioning inflows, while CME, indicative of institutional engagement, noted a 5% decline in open interest. This suggests retail traders are significantly influencing the futures market.
The rise in open interest to an all-time high of $33.12 billion underscores market enthusiasm. While ETH reached $2,700 recently, the futures market rapid growth raises concerns about speculative tendencies rather than fundamental demand.
The gap between futures and spot markets introduces vulnerability to potential deleveraging events. Ethereum’s ability to maintain its position above $2,000 will be critical for continued market stability and growth.
Financial analysts watch closely as futures activities respond to price shifts. Traders anticipate Ethereum maintaining its momentum above the $2,000 level, potentially leading to further growth toward the $3,000 targets.
Insights suggest that Ethereum’s current trajectory could have profound financial implications, with historical trends indicating varied outcomes based on futures and spot market interactions. Regulatory and technological factors will continue to shape the crypto landscape.