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29 May 2026, 17:38

XRP price rebounds above $1.30 as Morgan Stanley reveals ETF holdings

XRP is back above $1.30 after a volatile session that saw the token briefly dip to $1.29. The recovery pushed the price near $1.33, marking a 0.5% gain over the past 24 hours and placing XRP near the upper end of its intraday trading range between $1.29 and $1.33. Notably, the rebound comes after several days of pressure across the broader crypto market , although XRP’s price action has shown relative stability around its short-term support zone. The $1.30 level has now emerged as a key pivot point, with repeated tests over recent sessions attracting renewed buying interest. Technical bounce after oversold condition During the latest dip, trading activity increased sharply, with volume rising to approximately 107.9 million XRP, signalling that buyers were actively absorbing sell pressure. Market indicators also pointed to oversold conditions before the rebound. The seven-day Relative Strength Index (RSI) dropped to around 30.16, a level typically associated with weakening selling momentum. That setup contributed to a short-term recovery rather than a sustained breakdown. XRP price analysis Despite the bounce, the move has not yet shifted the broader trend. XRP’s price action remains contained within a wider trading range between roughly $1.31 and $1.48, and sustained trading above $1.33 will be required to confirm stronger upside momentum. Institutional positioning strengthens market narrative Additional support for XRP’s resilience has come from developments tied to institutional exposure involving Morgan Stanley. According to recent disclosures , the bank has started indirect exposure to XRP through ETF-related investment products, reflecting a broader trend of traditional finance integrating digital assets into regulated structures. The update aligns with market data showing continued inflows into XRP-focused ETF products, which have accumulated approximately $1.26 billion since launch in November 2025. That contrasts with observed outflows from some Bitcoin- and Ethereum-linked ETF products during the same period. Alongside ETF activity, on-chain data has also shown increased engagement on the XRP Ledger. Network activity on the XRP Ledger rose to roughly 1.69 million transactions in a single day on May 28, suggesting stronger usage levels during the recent price stabilisation phase. The combination of ETF-linked exposure and rising network activity has contributed to a more supportive backdrop for XRP, even as broader crypto sentiment remains mixed. Market outlook shaped by the support level at $1.31 Near-term direction for XRP continues to revolve around the $1.31 support zone. Holding above this level keeps the current rebound structure intact and preserves the possibility of further upside tests. If buying pressure persists, the next broader resistance area sits around $1.48. On the downside, a sustained break below $1.31 would weaken the current structure and expose the price to a deeper retracement toward $1.20. Away from the technical setup, market attention is also focused on upcoming regulatory developments, particularly the US Senate vote on the CLARITY Act. The legislation is expected to play a role in determining whether XRP is classified as a digital commodity, a factor that could influence institutional participation going forward. The post XRP price rebounds above $1.30 as Morgan Stanley reveals ETF holdings appeared first on Invezz

29 May 2026, 17:33

YBTC: Not The Right Time Now For A Capped-Upside Yield Trade

Summary Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is rated a Sell due to its unattractive risk/reward profile in the current bitcoin environment. YBTC’s 32% distribution rate is misleading; the SEC yield is only 2.6%, and NAV erosion signals unsustainable payouts. The fund’s option strategy caps upside while leaving downside exposure, making it unsuitable for bullish bitcoin investors seeking sharp gains. Recent bitcoin weakness, negative ETF flows, and low volatility create a poor setup for YBTC’s covered call strategy. Roundhill Bitcoin Covered Call Strategy ETF ( YBTC ) is a bitcoin-linked covered call ETF that has a current distribution rate of ~32%. Its 30-day SEC yield is only ~2.6%. That is a large gap which indicates YBTC is not a normal income product. It is an option strategy tied to bitcoin and it pays out large weekly distributions. Much of this has recently been classified as return of capital. Moreover, bitcoin has been down in multiple timeframes recently. It is not in a clear sideways market. BTC, IBIT and YBTC were all down intraday. Unlike the other two, YBTC’s upside is capped but downside is unlimited. YBTC is a Sell in the current bitcoin setup. Its distribution profile can make the total return picture better than it truly is. YBTC owns no bitcoin directly, but only uses options to create synthetic exposure. It also sells calls to generate premium. Like other covered call strategies, it works when bitcoin, its underlying, stays range-bound but volatile. If bitcoin rallies, YBTC gives away upside; if bitcoin falls, YBTC falls all the way. The Structure Matters Because The Cap Is Real YBTC’s weekly trades can be very tight. See below: Author That is the investment trade in one table. At least for the week in question, nearly the fund’s entire AUM was used in the trade. The gamble was basically that IBIT should rise around 3%. Not too much more, because then they lose the upside. IBIT should not fall drastically, because then they may keep the premium, but they lose on the downside. The premium is small, only about 0.13% of IBIT’s price. So if IBIT falls below this, losses start happening. If IBIT rises above ~3.15%, capped upside kicks in. This strategy can work only in a quiet, range-bound bitcoin market. However, historically, a large amount of bitcoin long-term returns has come from sharp moves, not constrained, rangebound movement. A weekly call-selling strategy risks monetizing small moves while giving up part of the larger moves investors usually buy bitcoin exposure for. Author So YBTC’s problem is that it changes how we normally bet on bitcoin. We bet on its sharp, sudden moves for large gains. YBTC bets almost exactly the opposite: that bitcoin will move up, but not by much. And worse, YBTC bets that this will keep happening week after week, month after month. That is hard to justify for investors who are bullish on bitcoin, because the upside is the main reason to own bitcoin in the first place. The Yield Screen Is Misleading That 32% distribution rate is YBTC’s principal attraction. That’s a lot of distribution even without the typically higher paying option-income ETF universe. But YBTC’s actual SEC yield is only 2.6%. That very large gap is the issue. The distribution rate is the annualized version of the latest weekly payout, while the SEC yield is the annualized income earned after expenses over the 30-day measurement period. Author Return of capital here may not be automatically destructive. In option-income ETFs, ROC can reflect tax character, timing, and how option gains and losses are recognized. But investors still have to ask: is the fund earning enough total return to support the payout, or is the payout partly masking capital erosion? Roundhill’s fact sheet showed a 1-year NAV return of -13.81% as of March 31, 2026, while its 1-year market-price return was -14.16%. That is evidence of NAV pressure, not just a tax classification. So yes, NAV performance shows erosion. Such a large weekly distribution and a falling NAV indicates that. The payout looks attractive, but there’s capital loss – not the kind of yield I want to underwrite. The Payout Has Not Protected Total Return The next issue is total return. YBTC has not delivered a strong total return performance recently, even after including the high distribution. Author So you can’t look at YBTC’s distribution yield alone. YBTC may keep making high weekly payments, but if there’s capped upside, bitcoin-linked downside, and if NAV is getting eroded, those payments are not enough compensation for your loss. Near-Term Outlook: Current Bitcoin Setup Is Not Good Enough For YBTC Seeking Alpha showed BTC around $73,253, down 1.5% on the day, but also down 5.5% over one week, 5.4% over one month, 19.5% over six months, 16.3% year to date, and 32.8% over one year. It is also far below its listed all-time high of $126,272. Part of the reason for today’s fall seems to be US airstrikes on Iran; see here . However, the general decline all-round doesn’t get explained by a single event. Since YBTC carries bitcoin-linked downside, this is already unfavorable to it. The option premium is not protecting YBTC from this level of downside. The second problem is fund-flow pressure. Data showed US spot bitcoin ETFs had $333.6 million of net outflows on May 26 and $733.4 million of net outflows on May 27. For IBIT, those figures were $192.4 million and $527.8 million respectively. Now, if money is leaving spot bitcoin ETFs, IBIT will be under pressure, and YBTC’s option premiums will not be able to offset that downside. Even worse, if bitcoin falls YBTC will go down with it, but if it rebounds, capped upside will ensure that YBTC doesn’t go up as much. That is not the kind of institutional bid I am willing to bet on. Author The third problem is volatility. Coindesk says bitcoin’s annualized 30-day implied volatility fell to 38%, the lowest level it has seen since October last. Such volatility isn’t good for YBTC. It needs enough volatility to make its options strategy work, but if it falls too much, premiums do not look attractive. If volatility rises because of a bitcoin selloff, that also doesn’t help because NAV pressure can overwhelm the premium. So this is not a clean “volatile but range-bound” market where YBTC thrives. This is more of a bearish bitcoin market with large ETF outflows, weak risk appetite, and lower implied volatility. For YBTC, that is a poor mix of scenarios. That is why I do not think the near-term outlook supports owning YBTC here. Conclusion YBTC is a poor trade in the current bitcoin scenario. YBTC’s distribution rate is high, but its SEC yield is low, it comes with heavy ROC, a weak total return, and NAV pressure. But more importantly, today’s market setup is wrong for YBTC. Bitcoin remains weak, spot bitcoin ETF flows have turned negative, and implied volatility is low. This is not a good mix for YBTC. I rate it a sell.

29 May 2026, 17:02

Here’s Why XRP Is Yet to Pump Despite Bullish News

Crypto pundit X Finance Bull (@Xtinancebull) posted a question this week that many XRP holders have been asking. Why hasn’t XRP pumped despite all the bullish news? His answer cuts past price action entirely. “You’re watching candles,” he wrote. “I’m watching leadership.” The argument is that XRP’s price is not the story. The people building the infrastructure are. You know why $XRP hasn't pumped yet despite all the bullish news? Because you're watching candles. I'm watching leadership. I broke down who's actually behind Ripple and why it changes everything. Listen to this. https://t.co/eizdR1p2dw — X Finance Bull (@Xfinancebull) May 27, 2026 The Question Most Investors Are Asking Wrong X Finance Bull argues that investors fixate on why XRP has not exploded in price while ignoring what Ripple is actually building. His position is that a company targeting global financial infrastructure cannot run on hype. It needs leadership that can sit across from banks, regulators, governments, and asset managers. Ripple has spent years assembling exactly that. That assembly is the signal. It is also the reason conviction among XRP holders remains strong even when the price stalls. A CEO Built for Boardrooms, Not Bull Markets Brad Garlinghouse held senior roles at Yahoo and AOL before becoming CEO at Hytale. He arrived at Ripple as a seasoned Silicon Valley executive with experience in enterprise technology, customer platforms, and large-scale internet businesses. Co-founder Chris Larson built E-Loan, one of the early online lending platforms, then co-founded Prosper, a major peer-to-peer lending service. His entire career has run along a single track, using technology to remove friction from finance . That history explains Ripple’s focus on payments, liquidity, and financial rails. The Technical and Legal Foundation Former CTO David Schwartz is one of the architects of the XRP ledger. Before Ripple, his work covered encrypted cloud storage and enterprise messaging systems. X Finance Bull’s point is straightforward. A bridge asset requires serious, reliable, battle-tested technology capable of handling value movement at scale. Schwartz provides that credibility. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Chief Legal Officer Stuart Alderady, who brings experience from HSBC, CIT, and American Express. That background carried Ripple through its SEC battle and helped XRP secure regulatory clarity. President Monica Long has been at Ripple since the early days, living through every stage from RippleNet to the SEC litigation to the current push into stablecoins and tokenization. Why the Price Has Not Moved Yet X Finance Bull’s answer to the original question is structural. XRP is not positioned as a speculative token chasing a trend. It is positioned as a liquidity bridge between fiat and crypto , between banks and blockchains, between existing financial rails and a digital economy built on stablecoins, tokenized assets, and machine-to-machine payments. The leadership profile at Ripple reflects the scale of what the company is planning. That is exactly why the price has not moved as investors expect, and why long-term holders remain unfazed. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Here’s Why XRP Is Yet to Pump Despite Bullish News appeared first on Times Tabloid .

29 May 2026, 17:00

XRP faces major shift as CLARITY Act nears US vote

🚨 Congress could vote soon on the CLARITY Act, shaping the future of $XRP in the US. If the bill passes, Ripple and banks may finally see regulatory certainty. 🟠 Critical data: Legal clarity could trigger rapid adoption of crypto payments by major institutions. Continue Reading: XRP faces major shift as CLARITY Act nears US vote The post XRP faces major shift as CLARITY Act nears US vote appeared first on COINTURK NEWS .

29 May 2026, 16:01

CFTC Takes Historic Step to Approve First True US Bitcoin Perpetual

The CFTC opened a historic path for bitcoin perpetuals to trade on U.S.-registered venues, bringing a major crypto derivatives structure under federal oversight. The move creates the first regulated pathway for spot BTC-linked perpetual contracts in the United States. CFTC Opens Historic Path for Bitcoin Perpetuals The Commodity Futures Trading Commission (CFTC) announced on May

29 May 2026, 14:43

Coinbase's futures commission merchant to offer access to global crypto perpetual futures and options

More on Coinbase Coinbase: What Exactly Are Bears Waiting For? Coinbase: A Hold On Strength, Not A Buy On Hope Coinbase: Decaying Subscription And Services Revenue Is A Red Flag (Rating Downgrade) Coinbase CEO flags these 8 gaps in finance as SEC delays tokenized plans FDIC proposed rule would apply bank secrecy regs on stablecoin issuers