K33 Research Director: VolatilityShares now holds more than half of the unsettled ETH contracts at the Chicago Mercantile Exchange

On November 28, according to data shared by Vetle Lunde, the director of K33 Research, demand for leveraged ETH exposure has surged since November 5. The ETH equivalent exposure of VolatilityShares' 2x leveraged long ETH ETF increased by 278,150 ETH, an increase of 160%. As of now, VolatilityShares accounts for 50.1% of the open interest (OI) in CME's unsettled ETH contracts.