Futures crypto the aggregated futures crypto volume

The aggregated futures crypto volume crossed $45B daily, marking a 9% uptick from last week. Elevated turnover suggests traders are positioning for sharp moves during Asian trading hours. Spot XRP ETFs could unlock demand from retail and institutional investors that have so far avoided the asset due to hassle and high fees associated with cryptocurrency exchanges. Indeed, Bitcoin has returned 165% since spot Bitcoin ETFs were approved in January 2024, so it stands to reason XRP prices would also trend higher following the approval of a spot ETF. By bringing its cryptocurrency products into a continuous trading cycle, CME is reflecting the growing maturity of digital assets while strengthening its role as a bridge between traditional finance and the 24/7 nature of the crypto economy. Futures crypto option skew shifted to favor puts, with BTC 25-delta skew at -2.3%, hinting at growing hedging demand ahead of macro catalysts. This aligns with cautious sentiment in high-beta tech stocks.