Overview of XRP’s $100 million ETF achievement and CME options launch

The REX-Osprey ETF for XRP reached a significant milestone by exceeding 100 million USD in assets under management, showcasing increasing institutional interest in the digital asset.

CME Group launched XRP futures options, enhancing the derivatives market. This move follows active trading since May, signifying a growing appetite for regulated crypto investment.

As XRP’s price surged to 2.54 USD, market participants should remain cautious due to resistance at 2.50 USD and broader market uncertainties.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts