Blockchain exchanges like Hyperliquid and Binance offered perpetual futures on SpaceX before its IPO, providing early price discovery that closely matched the stock's market debut. Over $1.2 billion in SpaceX perps traded on Hyperliquid, highlighting the growing influence of decentralized finance.
CME Group is launching Bitcoin Volatility (BVI) futures on June 1, a regulated contract designed to let traders bet on expected Bitcoin turbulence without taking a direct price view. Similar to the VIX in traditional markets, BVI settles to the CME CF Bitcoin Volatility Index (BVXS), reflecting 30-day forward implied volatility from Bitcoin options order books.
Financing from Neuberger Berman will increase Ripple Prime’s capacity to offer margin lending and other brokerage services to institutional clients trading across crypto and traditional markets.
Institutional investors are looking past the crypto market’s two largest behemoths, aggressively rotating capital into alternative cryptocurrencies as geopolitical tensions in the Middle East agitate traditional markets. Data from SoSoValue shows that US-based investment vehicles tracking the spot price of XRP absorbed $55.39 million in fresh capital over the past week, positioning the asset as […] The post Wall Street moves beyond the Bitcoin ETF trade as XRP leads altcoins on fragile macro relief appeared first on CryptoSlate.
