The crypto market bounced back after a slide that erased about $19 billion, with global market value up 4.4%. The turn gives traders, treasury teams and large funds a fresh chance to hedge, as derivatives markets reopened and regulators will soon rule on XRP exchange traded funds, the consulted summary notes.
Prices climbed and big buyers returned. Bitcoin traded between $115,000 and $125,000, and Ethereum headed toward $4,500, the summary states. Risk appetite returned after a wave of forced sales, and in the next days desks and traders may see sharper price swings while gaining new ways to protect positions.
CME listings and regulatory timeline
On the same day, CME Group listed options on Solana besides XRP futures. The new contracts expire daily, monthly and quarterly, giving institutions and liquidity providers regulated tools to manage risk, the CME statement quoted in the summary says. “The inclusion of options on CME broadens management tools for institutional investors,” the CME statement cited in the summary says.
Wider institutional access for the crypto market while Solana or XRP options cut the cost of hedging, CME Group states. In the regulatory window, the SEC will rule on spot XRP ETFs on Oct. 17, 18 and 25; prediction markets cited in the summary expect large money moves after each date.
Possible net inflow: If the SEC says yes, XRP ETFs could pull in up to $11 billion, enough to shift XRP’s order books and price levels.
Sign of maturation: 86% of institutional investors now study digital assets, and ETFs have taken in $13.2 billion so far this year, a figure that shows steady demand.
The next concrete marker is the SEC’s verdict on several spot XRP ETF filings between Oct. 17 and 25. A yes or no will redirect money and liquidity — desks and treasuries should watch those days and reset hedge lines.
