Analysis: Deribit options market shows investors are not optimistic about XRP's near-term price action

Odaily Planet Daily News XRP may be the next cryptocurrency to be listed on a spot ETF in the United States after Bitcoin (BTC) and Ethereum (ETH). However, the options market listed on Deribit is not optimistic, and put options linked to XRP have been higher than call options in multiple time periods. Put options typically provide insurance against price declines, and traders buy put options when they seek to hedge or profit from expected price declines. However, compared with Solana's SOL and other tokens, XRP's order book depth is relatively good, which means it can easily complete large order transactions at a stable price. (CoinDesk)