CME Launches XRP Futures, Paving Way for Potential ETF – Coincu
The post CME Launches XRP Futures, Paving Way for Potential ETF – Coincu appeared on BitcoinEthereumNews.com. Key Points: The CME introduced XRP futures to high initial trading volume. Experts believe these developments could lead to a spot XRP ETF approval. XRP’s institutional progress is likened to Bitcoin and Ethereum’s. The Chicago Mercantile Exchange (CME) has taken a significant step by launching XRP futures, marking a notable event for institutional involvement in digital assets. This new development could pave the way for increased regulatory acceptance, potentially influencing the approval of a spot XRP exchange-traded fund (ETF). CME Sees $19M Trading Volume in XRP Futures Debut The Chicago Mercantile Exchange (CME) introduced XRP futures, highlighting an essential institutional event for the digital asset. As Brad Garlinghouse, Ripple’s CEO, stated, “the launch of regulated XRP futures on CME Group marks a key institutional milestone for XRP.” This move supports growing interest from regulated markets. XRP futures experienced notable trading volumes, exceeding $19,000,000 on day one and $10,000,000 the following day. This development may lead to US approval of a spot XRP exchange-traded fund (ETF), as indicated by market observers. Positive sentiment shifts are evident among traders. Nate Geraci, President of ETF Store, expressed optimism, stating that “a spot XRP ETF is only a matter of time.” Regulatory achievements often suggest higher possibilities for such approval. XRP Futures Could Pioneer Institutional Dynamics Did you know? XRP’s institutional journey parallels Bitcoin and Ethereum, potentially bolstering ETF prospects. CoinMarketCap reports XRP at $2.35 with a market cap of $137,701,931,900 and market dominance at 4.09%, reflecting shifts over the past 90 days, decreasing by 12.70%. XRP’s circulation hit 58,622,147,738 of its maximum 100 billion supply. XRP(XRP), daily chart, screenshot on CoinMarketCap at 07:52 UTC on May 21, 2025. Source: CoinMarketCap Expert analysis by Coincu highlights how regulated XRP futures could facilitate financial integration. The futures market’s growth aligns with increased regulatory clarity, potentially…
The post CME Launches XRP Futures, Paving Way for Potential ETF – Coincu appeared on BitcoinEthereumNews.com.
Key Points: The CME introduced XRP futures to high initial trading volume. Experts believe these developments could lead to a spot XRP ETF approval. XRP’s institutional progress is likened to Bitcoin and Ethereum’s. The Chicago Mercantile Exchange (CME) has taken a significant step by launching XRP futures, marking a notable event for institutional involvement in digital assets. This new development could pave the way for increased regulatory acceptance, potentially influencing the approval of a spot XRP exchange-traded fund (ETF). CME Sees $19M Trading Volume in XRP Futures Debut The Chicago Mercantile Exchange (CME) introduced XRP futures, highlighting an essential institutional event for the digital asset. As Brad Garlinghouse, Ripple’s CEO, stated, “the launch of regulated XRP futures on CME Group marks a key institutional milestone for XRP.” This move supports growing interest from regulated markets. XRP futures experienced notable trading volumes, exceeding $19,000,000 on day one and $10,000,000 the following day. This development may lead to US approval of a spot XRP exchange-traded fund (ETF), as indicated by market observers. Positive sentiment shifts are evident among traders. Nate Geraci, President of ETF Store, expressed optimism, stating that “a spot XRP ETF is only a matter of time.” Regulatory achievements often suggest higher possibilities for such approval. XRP Futures Could Pioneer Institutional Dynamics Did you know? XRP’s institutional journey parallels Bitcoin and Ethereum, potentially bolstering ETF prospects. CoinMarketCap reports XRP at $2.35 with a market cap of $137,701,931,900 and market dominance at 4.09%, reflecting shifts over the past 90 days, decreasing by 12.70%. XRP’s circulation hit 58,622,147,738 of its maximum 100 billion supply. XRP(XRP), daily chart, screenshot on CoinMarketCap at 07:52 UTC on May 21, 2025. Source: CoinMarketCap Expert analysis by Coincu highlights how regulated XRP futures could facilitate financial integration. The futures market’s growth aligns with increased regulatory clarity, potentially…
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