XRP Bullish Options’ Popularity Jump May Be Due to ETF Speculation, Observers Say
Traders have locked in over $2 million in XRP’s $1.10 call option listed on Deribit, the highest across all available maturities.
Traders have locked in over $2 million in XRP’s $1.10 call option listed on Deribit, the highest across all available maturities.
The product now has to be approved by the local stock exchange, B3.
Funds from Grayscale, BlackRock and Fidelity have seen the most volume, though analysts believe that Grayscale’s high amount comes from heavy outflows.
The forms show what issuers plan to charge customers, with Grayscale at the high end at 2.5%, while competitors including BlackRock and Fidelity pick 0.25% or lower.
Issuers have been asked to submit their final S-1 documents by Wednesday.
DigitalX Bitcoin ETF will trade on the ASX as BTXX
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.
The world’s largest crypto has now declined 14% over the past four weeks.
BlackRock’s iShares Bitcoin Trust continued to lead as the largest of the funds.
The latest price moves in crypto markets in context for July 2, 2024.