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CME Gains Share of XRP Futures Open Interest as Token Rallies

CME’s share of XRP futures exposure rose as positions outside the exchange fell by more than 500 million tokens over two weeks. CME exposure climbed about 36% while XRP rallied roughly 40% toward $1.40.

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CME Gains Share of XRP Futures Open Interest as Token Rallies
CME’s share of the XRP futures market has increased as the token advanced roughly 40% over one week, according to CoinDesk. Open positions in XRP futures held outside CME declined by more than 500 million tokens over a two-week period. At the same time, exposure on CME, the regulated U.S. exchange, rose by approximately 36%. The shift has lifted CME’s relative share of outstanding XRP futures positions while XRP moved toward $1.40. The figures point to a change in where futures-market exposure is being held during the recent rally, with positions outside CME shrinking as CME-linked exposure expanded. The data covers outstanding futures positions and does not indicate whether the overall market increased or decreased during the period.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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