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XRP leverage falls as ETF demand faces a key test
CryptoSlate says XRP’s leverage has been “cleaned out,” shifting attention to whether demand for an XRP ETF can hold up beyond early interest.
The outlet frames ETF demand as the next proving ground, implying that the market will need to demonstrate sustained buying rather than relying on leverage-driven moves.
CryptoSlate also points to broader market structure and regulation developments, citing a court loss involving Kalshi as an example of how federal approval can still leave some prediction markets constrained by state rules.
Latest closeXRP $1.075 ▲0.7%
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