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SOL, XRP Options Extend Market Reach of Cryptos
Bitcoin (BTC) and ether (ETH) options markets have grown rapidly since trading began in 2020 and 2022, respectively (Figure 1). The growing appeal of decentralized finance (DeFi) embodied in crypto markets and their acceptance by both institutional and retail investors is extending their reach, especially with the launch of options on Solana (SOL) and XRP. chart Thus far in 2025, investors have been on a global hunt for assets that central banks cannot print. Five parallel concerns appear to be driving this trend: Core inflation remains above central-bank targets in nearly every country except for China and ... (full story)