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Coin Edition 2024-08-12 17:38:00

XRP ETF Speculation Fuels Spike in Options Market Activity

The recent surge in XRP’s options market activity appears driven by growing speculation about a potential XRP exchange-traded fund (ETF). Traders are increasingly locking in positions on Deribit’s $1.10 call option for XRP, reflecting optimism that the cryptocurrency’s price might soar if an ETF is announced soon. According to data from Amberdata, the $1.10 call The post XRP ETF Speculation Fuels Spike in Options Market Activity appeared first on Coin Edition .

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