๐จ $XRP Open Interest Surges as ETF Approval Odds Climb โ But Not Without Hurdles
๐ XRPโs open interest has jumped to $4.61 billion, signaling renewed market enthusiasm, as ETF approval odds climb to 87% overall.
๐ข But itโs not all smooth sailing...
๐ July approval odds have dipped to 14% following the Grayscale GLDC ETF freeze, casting a shadow over short-term optimism.
๐ What This Means:
โซ๏ธ Rising open interest = increased trader confidence
โซ๏ธ ETF speculation is fueling bullish sentiment
โซ๏ธ Regulatory delays continue to shape the timeline
๐ Despite near-term uncertainty, the market is showing clear signs of belief in XRPโs institutional future.
#XRP #CryptoETF #DigitalAssets #Blockchain #Grayscale
https://coingape.com/xrp-open-interest-jumps-as-etf-approval-odds-soar-16/?utm_source=bnb&utm_medium=coingape