Crypto.com has launched new strike options for XRP, to give users more short-term trading tools. The Singapore-based exchange now offers users the opportunity to predict XRP’s price movement within a 20-minute window. This addition follows the platform’s earlier launches of strike options for Bitcoin and Ethereum. The new product enables users to make high-risk, high-reward […]
CME
Canary Capital Amends Solana ETF to Include Staking Rewards
Canary Capital has modified its filing for a Solana-based exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The firm has partnered with Marinade Finance to add staking to the Solana ETF as a core feature of the fund. The filing with the SEC reveals that the ETF will now be known as […]
XRP Institutional Push Begins: Futures Live on CME, Big Players Join In
Key Takeaways: XRP made a major step towards more serious institutional adoption with the introduction of standard and Micro XRP Futures on the Chicago Mercantile Exchange (CME). This adds credibility to XRP in the regulated financial markets. Ripple CEO Brad Garlinghouse noted the milestone as he confirmed that institutional prime broker Hidden Road facilitated the […]
CME Group to Launch XRP Futures on May 19: Institutional Demand Surges
Key Takeaways: The largest derivatives exchange in the world, CME Group, is growing its crypto portfolio by expanding its offerings with an XRP futures launch on May 19, subject to regulatory clearance. The new product will have two sizes: micro contracts with a size of 2,500 XRP and standard contracts with a size of 50,000 […]
Ethereum (ETH) Shorts Hit Record Levels, But Smart Money is Buying—Here’s Why
Ethereum’s market is at a critical juncture as hedge funds take aggressive short positions while institutional investors continue accumulating. Data from CME reveals that leveraged funds’ net short positions have surged by 40% in a week and 500% over the past three months. This sudden increase in short bets might look ominous at first, but […]
Solana and XRP Futures Launching Soon on CME Exchange
Futurеs trаding for Solana аnd XRP is gеаring up to go livе on thе Chicago Mercantile Exchange (CME) stаrting Fеbruаry 10, pеnding rеgulаtory аpprovаl. This dеvеlopmеnt cаmе to light through а stаging subdomаin of CME Group’s wеbsitе, spаrking widеsprеаd аnticipаtion аcross thе crypto community. Thе subdomаin dеtаilеd thе lаunch of both stаndаrd аnd micro-sizеd futurеs […]
Bitcoin Surges Past $67,000: Key Factors Driving The Rally
Bitcoin (BTC) has surged past the $67,000 mark, signaling a bullish momentum in the cryptocurrency market. With its latest price movements capturing the attention of investors worldwide, several key factors are identified as driving forces behind this remarkable rally. Central to Bitcoin’s recent surge is the increasing interest in BTC exchange-traded funds (ETFs), particularly exemplified […]
CME Claims Bitcoin Futures Throne Over Binance
In a major shift, the Chicago Mercantile Exchange [CME] has surpassed Binance to claim the largest share of Bitcoin futures open interest [OI] for the first time in two years, according to data from Coinglass. The regulated CME secured the top position with an open interest of approximately $4.07 billion, outpacing Binance, which recorded an […]
Ethereum’s Next Frontier: Volatility Shares Gears Up for Innovative ETF Launch
In a bold move that’s set to reshape the landscape of cryptocurrency investment, Volatility Shares has announced plans to launch an Ethereum futures exchange-traded fund (ETF) on October 12. The company submitted a filing to the U.S. SEC on July 28, outlining its intention to introduce an ETF focusing on cash-settled Ethereum futures contracts available […]
CME’s New Ether/Bitcoin Futures Product Set To Enhance Crypto Exposure; Here’s How
CME Group announces Ether/Bitcoin Futures contacts that would go live on July 31 after regulatory approval. With this offering, investors can gain exposure to cryptocurrencies through the leading derivatives exchange without having to adopt a directional viewpoint. In accordance with the press release, this new contract will help “create opportunities for a broad array of […]