{"id":22537,"date":"2025-04-17T11:46:53","date_gmt":"2025-04-17T11:46:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=22537"},"modified":"2025-04-17T11:46:53","modified_gmt":"2025-04-17T11:46:53","slug":"xrp-downside-fears-persist-despite-etf-optimism-options-data-show","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=22537","title":{"rendered":"XRP Downside Fears Persist Despite ETF Optimism, Options Data Show"},"content":{"rendered":"<div>\n<p>XRP might be the next cryptocurrency to get a spot ETF listing in the U.S. after bitcoin (BTC) and ether (ETH), analysts argued this week. However, the Deribit-listed options market,doesn&#8217;t share this optimism.<\/p>\n<p>As of the time of writing, Deribit&#8217;s put options tied to XRP were pricier than calls across several timeframes, according to data source Amberdata. That&#8217;s a sign of persistent downside fears. <\/p>\n<p>A put option provides insurance against price drops, and traders purchase the same when looking to hedge or profit from an expected price drop.<\/p>\n<p>The bias for puts was evident from negative skews across the timeframes. Options skew measures the implied volatility premium (demand) for calls relative to puts.<\/p>\n<p>XRP dived out of an ascending wedge early Wednesday, signaling a possible re-test of recent lows at around $1.6.<\/p>\n<p>Earlier this week, analysts said that XRP has a relatively better order book depth, implying ease in trading large orders at stable prices, compared to Solana&#8217;s SOL and other tokens. This meant that the payments-focused coin used by Ripple to facilitate cross-border transactions could be the next digital asset to get a spot ETF approval in the U.S.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP might be the next cryptocurrency to get a spot ETF listing in the U.S. after bitcoin (BTC) and ether (ETH), analysts argued this week. However, the Deribit-listed options market,doesn&#8217;t share this optimism. As of the time of writing, Deribit&#8217;s put options tied to XRP were pricier than calls across several timeframes, according to data [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-22537","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22537"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/22537\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}