ETF XRP Shatters $7 Billion Volume Records : Is $3 Finally Within Reach ?
The XRP XRPR ETF made a stunning debut, hitting a record volume of $7 billion. Now, trading options are open, presenting new opportunities for savvy investors.
The XRP XRPR ETF made a stunning debut, hitting a record volume of $7 billion. Now, trading options are open, presenting new opportunities for savvy investors.
The first spot XRP ETF registered in the United States, REX Shares’ XRPR fund, achieved a historic trading volume of $7.05 billion on its very first day of listing. This resounding success already positions XRPR as a major player in the crypto ETF market, demonstrating investors’ growing appetite for these types of products.
REX Shares has announced that options on XRPR are now available for trading. This expansion of financial instruments built around XRP allows investors to hedge against volatility, generate additional income, and capitalize on short-term market movements.
This development brings the crypto market even closer to the sophistication of traditional stock markets, a clear signal of the sector’s maturation.
Another favorable factor for XRP is its growing ecosystem. Ripple recently formed a strategic partnership with the tokenized platform Securitize, enabling the exchange of tokenized assets for the stablecoin RLUSD. Securitize also plans to fully integrate the XRP Ledger, thereby adding liquidity and use cases to the underlying infrastructure.
The successful launch of the XRP ETF comes amid a more favorable regulatory environment for crypto assets. According to ETF analyst Eric Balchunas, the introduction of new generic standards could pave the way for a wave of new index products linked to digital assets, as well as increased legitimacy for cryptocurrencies among traditional investors.
With the XRP ETF reaching record volumes, interest in Ripple (XRP) is growing rapidly. If you want to capitalize on this momentum, here’s how to buy XRP on Bitget :
With the rise of the XRP ETF and its historic volumes, many investors consider this a key moment to establish a position.
Gaston has been a writer for over 7 years and a passionate cryptocurrency enthusiast since 2020. He loves exploring the crypto ecosystem and is now dedicated to sharing his insights and discoveries through InvestX.
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