Key facts: CME Group announced XRP futures open interest exceeded $1 billion, indicating strong institutional demand. Options on XRP and Micro XRP futures will launch on October 13.
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- CME Group announced XRP futures open interest exceeded $1 billion, indicating strong institutional demand. Options on XRP and Micro XRP futures will launch on October 13.1
- XRP dropped 6.88% this week, now at $2.78, with a 3.51% decline in the last 24 hours, hitting a low of $2.74 after peaking at $2.81 on Friday.23
- Ripple controls approximately 40% of the total supply of XRP, raising concerns about centralization and its potential impact on market prices if significant amounts are sold.4