Ripple CEO Brad Garlinghouse participated in the White House crypto summit alongside regulators and industry leaders, highlighting the US government's support for domestic crypto innovation. Key officials emphasized a pro-innovation stance, with the CFTC chair declaring an end to aggressive regulation and the SEC chair introducing new crypto asset rules to provide clarity for entrepreneurs. The event also featured calls for legislative support to sustain crypto progress, signaling a positive outlook for the US crypto industry. XRP's price remained stable following the summit as no direct announcements were made regarding Ripple.
Bitwise and Franklin Templeton ETF clients have purchased $18.04 million worth of XRP, reflecting rising institutional interest in XRP ETFs. This influx contributes to the total net assets of U.S. spot XRP ETFs reaching about $1.65 billion, with cumu...
U.S. spot XRP exchange-traded funds (ETFs) recorded a combined net inflow of $18.04 million on September 23, pushing their total inflows to $1.75 billion. The Bitwise XRP ETF led with $11.54 million in daily inflows, reaching $649 million cumulativel...
Bitwise made a significant purchase of over $19 million worth of XRP in a single trading session. This move highlights Bitwise's role as a key driver behind the inflows into XRP-related ETFs. The large acquisition could signal growing institutional i...
XRP's options market is showing a strong bullish signal as demand for call options significantly exceeds puts, with the one-week 25-delta skew reaching the 95th percentile historically. This indicates traders are increasingly betting on a sharp price...
XRP's one-week options skew for calls over puts rose to 9.3 volatility points, placing it in the 95th percentile and indicating strong demand for call options. This shift follows an 18% price increase over seven days, with traders paying higher premi...
