In response to current knowledge supplied by Chicago-headquartered buying and selling behemoth CME, XRP futures logged their greatest buying and selling day but final week.
This coincided with the Ripple-linked token reaching its present all-time excessive of $3.65.
General, the full worth of all traded XRP contracts has already surpassed a complete of $3 billion over the previous two months. Roughly 108,000 contracts have now been purchased and bought through the CME Group platform.
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XRP futures lastly went dwell on CME in Might after months of anticipation. As reported by U.In the present day, CME Group’s Tim McCourt clarified that the product was rolled out in response to buyer demand whereas additionally noting that the token has “a very sturdy use case.”
CoinGlass knowledge reveals that open curiosity for CME Group’s XRP futures at the moment stands at $724 million. It’s at the moment in fifth place by OI. Bidget and Binance are in first and second locations with $2.09 billion and $1.78 billion, respectively.