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XRP Becomes Third Major Digital Asset to Be Listed on the Chicago Mercantile ExchangeThe Chicago Mercantile Exchange (CME) has announced plans to launch XRP futures contracts, positioning XRP alongside Bitcoin (BTC) and Ether (ETH) as one of the few digital assets with futures offerings on a major U.S. derivatives platform, according to a report by TechFlow.The move is viewed as a significant milestone for the cryptocurrency industry, as it signals growing institutional acceptance of utility tokens beyond Bitcoin and Ethereum.Industry Reactions and Potential ImplicationsRipple CEO Brad Garlinghouse described the development as a "watershed moment," stating that the addition of XRP futures on CME validates XRP’s status as a mature investment asset and will enhance its liquidity and market stability.Analysts suggest that the launch could pave the way for XRP-linked ETFs or structured investment products, particularly in light of broader industry efforts to introduce diversified crypto-backed financial instruments.“Listing XRP futures on CME marks a new chapter, where utility tokens are increasingly recognized by global financial institutions,” one analyst commented.The introduction of XRP futures could also lead to greater hedging capabilities for institutional investors, improved price discovery, and increased trading volume across spot and derivatives markets.XRP’s Growing InstitutionalisationXRP’s addition to CME’s product lineup comes after years of legal and regulatory scrutiny surrounding its classification. The listing may further solidify XRP’s role within the evolving landscape of compliant digital asset products available to institutional investors.It remains unclear exactly when trading will commence, with CME expected to provide further operational details in the coming weeks.