SEC documents reveal the main reason for Ethereum spot ETF: CME Ethereum futures and spot trading platform correlation is as high as 96% to 99%

According to Wu Shuo, SEC documents show that the main reason for the Ethereum spot ETF is that the correlation between CME Ethereum futures and certain spot Ethereum trading platforms has reached 96% to 99%. Monitoring sharing protocols such as CME can effectively prevent fraud and manipulation issues. Much of the document is devoted to statistical evidence of this high correlation.