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Despite Ripple ETF Optimism, XRP Options Market Leans Bearish

  • Following the conclusion of the lawsuit against the SEC, XRP investors now await the potential approval of a Ripple ETF in the United States.
  • The chances for an XRP ETF approval in 2025 stand at 77% according to data, but the odds drop to 29% if the deadline is July 31.
  • Despite the optimism surrounding the possibility of an XRP ETF, the XRP options market leans bearish, indicating a demand for downside protection.
  • The bearish outlook in the XRP options market is likely influenced by broader market uncertainty and macroeconomic concerns.

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