XRP could be the next cryptocurrency in obtaining a list of ETF spot in the USA. After Bitcoin (BTC) and Ethher (ETH), analysts argued this week. However, the options that mention abandonment do not share this optimism.
At the time of writing, the detribity sales options linked to XRP were more expensive than calls in several deadlines, according to the Amberdata data source. That is a sign of persistent fears.
A sales option provides insurance against price drops, and merchants buy the same when they seek to protect or benefit from a expected price drop.
The bias for the puts was evident by the negative inclinations in the deadlines. Option bias measures The implicit volatility premium (demand) for calls in relation to PUT.
XRP divered from an upward wedge at dawn on Wednesday, indicating a possible reorganization of recent minimums of around $ 1.6.
Earlier this week, analysts said that XRP has a relatively better order portfolio, which implies ease in the trade of large orders at stable prices, compared to Solana’s Sol and other tokens. This meant that the currency centered on the payments used by Ripple to facilitate cross -border transactions could be the next digital asset to obtain an approval of ETF spot in the US.
