Glassnode data shows Bitcoin and Solana futures trading reach different levels while Ethereum futures trading shows minimal movement. Bitcoin traders now look more interested but Ethereum and Solana traders show limited activity with their futures volumes.

Market participants use futures trading data to see how traders feel about future price directions and the availability of funds. Growing futures trading indicates traders return their focus to the market while flat or dropping numbers show weakness remains in place.

According to Glassnode Bitcoin futures trading activity started 2025 at about $60 billion. The system collected $63 billion during its best performance of 2025 until falling down to $57 billion. Bitcoin futures volumes hold a 32% increase after February 23 despite dropping to levels under the $74 billion record seen in December 2024. Market interest may increase after Bitcoin lost $100,000 ground so traders could push the price back up.

https://twitter.com/glassnode/status/1901962131722924463

Bitcoin Retains Institutional Confidence

Ethereum futures trading values decreased steadily throughout the period. At the beginning of 2025 the metric stood at $32 billion but its performance reduced this amount to $31 billion later in the year before ending at $28 billion. ETH derivative trading activities are decreasing among institutional and retail investors to their lowest level since hitting $37 billion in one year.

During early 2025 Solana futures trading volume escalated more than double from $7 billion in January to $12.2 billion in February. According to Glassnode’s research the trading amount of $8.7 billion shows relatively stable patterns throughout the year. The introduction of SOL futures on the Chicago Mercantile Exchange may lead more institutions to invest in Solana again.

Institutional Bitcoin investors continue to trust the asset as its market share increases but Ethereum and Solana experience declining institutional interest. Standard Chartered Bank analysts retained their Bitcoin market forecast by predicting the digital currency value to reach $500,000 before 2025 ends. The analysts now expect Ethereum’s value to drop to $4,000 by December 2025 because they have changed their projections.

The recent movement among institutions indicates Bitcoin continues to draw trader attention but Ethereum and Solana find it hard to build significant institutional support. Tracking market behavior over the next months will help reveal future trends in the bitcoin marketplace.