tl;dr
CME Group has launched new reference rates for Ripple's XRP and Internet Computer (ICP), sparking speculation about a potential XRP ETF. The benchmarks aim to provide transparent pricing data and have fueled optimism for an XRP ETF launch. The success of an ETF for Ripple's crypto depends on its pre...
CME Group Launches XRP Reference Rates, Sparking Speculation of Potential XRP ETF
CME Group has launched new reference rates for Ripple's XRP and Internet Computer (ICP), sparking speculation about a potential XRP ETF. The benchmarks aim to provide transparent pricing data and have fueled optimism for an XRP ETF launch.
The success of an ETF for Ripple's crypto depends on its presence in a major derivative exchange like CME. The announcement comes amid soaring optimism in the ETF market and bullish sentiment from Ripple's president. The market is closely watching for potential developments.
CME Group Expands Crypto Benchmark Offerings
The Chicago Mercantile Exchange (CME) has announced the launch of new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP). This move has sparked speculations about a potential XRP ETF launch, as the new benchmarks will offer transparent pricing data to help market participants accurately value their portfolios.
Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, has praised the development, stating that with 24 cryptocurrencies in their suite of CME CF References Rates and Real-Time Indices, they will provide pricing data across more than 93% of the investible cryptocurrency market capitalization.
Speculations Mount for XRP ETF Launch
The announcement from CME Group has fueled optimism about a potential XRP ETF launch. The success of an ETF for Ripple’s native crypto depends on its presence in a major derivative exchange like CME, with experts highlighting its significance for regulatory approval. This development has sparked discussions in the market, amid soaring optimism in the ETF market and recent bullish sentiment from Ripple’s president towards an XRP ETF. The market is keenly watching these developments, hoping for an ETF launch soon.
More about MicroStrategy Incorporated
MicroStrategy Incorporated Summary
MicroStrategy Incorporated provides global business analysis software and services. The company is headquartered in Tysons Corner, Virginia.
Industry: TECHNOLOGY
Sector: SERVICES-PREPACKAGED SOFTWARE
Market Cap: 23.16 billion
Dividend Yield: None
Beta (5Y Monthly): -10.71
52-Week Change: 32.62
52-Week High: -0.174
52-Week Low: 489592000
Shares Outstanding: 1959.82
EPS: -0.775
PE Ratio: -0.055
More about NVIDIA Corporation
NVIDIA Corporation Summary NVIDIA Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California. It designs graphics processing units (GPUs) for the gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market.
Industry: MANUFACTURING, SEMICONDUCTORS & RELATED DEVICES
Market Cap: 331.86B
Current Price: 78.89
Change: 1.6% (0.016)
Dividend Yield: 1.71%
EPS: 3.234
PE Ratio: 0.534
Revenue: 79.77B
52-Week High: 122.54
52-Week Low: 6.5
Price to Sales: 2.621
More about C3 Ai Inc
Company: C3 Ai Inc
Symbol: C3
Sector: Technology
Industry: Services - Prepackaged Software
Market Cap: 3830652000
Dividend Yield: None
EPS: -2.34
PE Ratio: 2.602
ROE: -0.901
Volume: 310582000
Stock Price: 29.35
52-Week High: 0
52-Week Low: 0.196
More about CME Group Inc
CME Group Inc. (Chicago Mercantile Exchange, Chicago Board of Trade, New York Mercantile Exchange, The Commodity Exchange) is an American global markets company. It is the world's largest financial derivatives exchange, and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures.
Industry: FINANCE, SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES
Market Cap: 70075957000
Current Price: 22.17
PE Ratio: 4.45
EPS: 8.73
Dividend Yield: 15.64
Beta: 0.569
Shares Outstanding: 5615500000
Previous Close: 224.54
Change: -0.033
Change (%): 0.032
More about GameStop Corp
GameStop Corp. is a company headquartered in Grapevine, Texas.
Sector: Trade & Services
Industry: Retail-Computer & Computer Software Stores
Market Cap: 10,817,412,000
Stock Price: 317.25
Dividend Yield: None
P/E Ratio: 0.08
EPS: 16.1
Volatility (Month): 0.0051
Revenue: 4,917,500,000
Net Income: 8.38
ROI: 0.259
Beta: -0.287