Ripple is set to launch XRP futures in collaboration with the Chicago Mercantile Exchange (CME) in May 2025. CEO Brad Garlinghouse highlights this move as pivotal for enhancing the cryptocurrency market's legitimacy and deepening institutional participation.
The initiative could pave the way for a spot Exchange Traded Fund (ETF), reflecting historical trends observed with Bitcoin and Ethereum.
Market reactions indicate enthusiasm from traders, though regulatory challenges persist, as noted by U.S. Senator Cynthia Lummis, emphasizing ongoing tensions in the financial sector.
Full story here: https://coincu.com/334479-xrp-futures-cme-ripple-market
