became the world’s fifth-largest asset after hitting a new all-time high on Wednesday, which pushed its market cap to $2.16 trillion.
Though the crypto’s price consolidated lower after hitting a high of $109,400, its market cap passed Amazon (AMZN), which stands at $2.15 trillion.

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Bitcoin is up 16.44% year-to-date while shares of the online retailer are down about 8% over the same period. It is currently trading at $108,954.

(CompaniesMarketCap)
Gold is the largest asset, by far, standing at a $22 trillion market cap, followed by Microsoft (MSFT), NVIDIA (NVDA) and Apple (AAPL) which stand at $3.1 trillion to $3.4 trillion respectively.
As a result of the surge in bitcoin’s price since the win of U.S. President Donald Trump, BlackRock’s iShares Bitcoin Trust (IBIT) recently became the fifth-largest exchange-traded fund (ETF) by inflows this year as it took in roughly $9 billion from investors, according to data from Bloomberg senior ETF analyst Eric Balchunas.

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, according to CEO Jamie Dimon, who spoke at the bank's annual Investor Day on Monday, signaling a shift in how the firm approaches the asset.

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“We are going to allow you to buy it,” Dimon told shareholders, though he added the bank has no plans to hold the asset in custody.
Dimon, long known for his skepticism of cryptocurrency, doubled down in his closing remarks, saying he’s still “not a fan” of bitcoin, mainly because of its use for illegal activities, including sex trafficking and money laundering
He also pushed back on the industry's hype around blockchain technology, arguing it's less important than it's made out to be — even as JPMorgan continues building in the space.

“We have been talking about blockchain for 12 to 15 years," he said. "We spend too much on it. It doesn't matter as much as you all think."
The bank’s own blockchain platform, Kinexys, recently ran a test transaction on a public blockchain for the first time, settling tokenized U.S. Treasuries on Ondo Chain’s testnet.

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Traders can trade two contract sizes: 2,500 XRP and 50,000 XRP, which will both be cash-settled and based on the SME CF XRP-Dollar Reference Rate, which tracks the price of XRP daily at 4:00 p.m. London time.
CME already offers bitcoin

, ethereum

and solana

futures as well as bitcoin and ethereum options. The Group’s SOL futures, which launched in mid-March, had only booked $12.3 million in notional daily volume on the first day and closed with $7.8 million in open interest, a much lower number on an adjusted basis compared to the debut of the ether and bitcoin futures.

The price of XRP was down 3.45% over the past 24 hours.
The existence of regulated futures could mark a big step in the right direction as it relates to a spot XRP exchange-traded fund which is currently under review to be approved or denied by the Securities and Exchange Commission (SEC). Several U.S. issuers have filed to launch such a fund but have yet to receive a decision.
"CME-traded XRP futures are now *live*," wrote ETF Store President Nate Geraci on X. "CFTC-regulated contracts on XRP. Spot XRP ETFs only a matter of time."
The former SEC under Chair Gary Gensler had previously told issuers that one of the reasons it approved the spot bitcoin and ethereum ETFs was that it already had an existing regulated futures market in the U.S.

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