Ether open interest sees 26% increase as markets rally: Are traders into ETH again?

Institutional investors are buying Ether again, but a handful of factors could slow market momentum and negatively impact ETH’s rally.

Key takeaways:

Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery.

Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally.

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