XRP Futures Explode: $542M Volume Sparks Intense Spot ETF Buzz
XRP just threw gasoline on the crypto markets—futures volume rocketed to $542M overnight. Traders are now betting hard on an imminent spot ETF approval.
Why the frenzy? The surge mirrors Bitcoin's pre-ETF trajectory, and Wall Street's suddenly paying attention. 'This isn't retail FOMO anymore,' says one hedge fund manager. 'It's institutions building positions.'
But here's the twist: regulators still hate XRP's guts. The SEC's lawsuit hangs like a sword, and no amount of trading volume changes that. Yet the market's screaming 'YOLO'—because when has legal risk ever stopped crypto?
One cynical take? This reeks of classic 'pump-the-news' before some VC dumps their bags. But with real money flooding in, even skeptics are watching closely.