User-Irf7a4b2
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Bullish
CME Group Launches $XRP Futures ETF – What It Means! 🚀
On May 19, CME Group (a major global trading platform) launched $XRP Futures and Micro XRP Futures with two contract sizes (2,500 & 50,000 tokens), based on the XRP-Dollar rate.
... These are cash-settled futures, meaning investors don’t trade real $XRP but still get price exposure.
... Experts like Bill Morgan say this move will increase institutional demand for XRP and improve market liquidity.
... This launch also increases chances that the SEC may approve XRP spot ETFs in the future. Meanwhile, Brazil already launched an XRP ETF.
📈 XRP is currently priced at $2.24, down slightly today, but it gained 12% over the past month.
👉 Overall, this move could boost XRP adoption and price growth in the near future.
#XRP #CMEGroup #XRPFutures #CryptoNews #Ripple #ETFs #InstitutionalCrypto #CryptoMarket 🚀📊
On May 19, CME Group (a major global trading platform) launched $XRP Futures and Micro XRP Futures with two contract sizes (2,500 & 50,000 tokens), based on the XRP-Dollar rate.
... These are cash-settled futures, meaning investors don’t trade real $XRP but still get price exposure.
... Experts like Bill Morgan say this move will increase institutional demand for XRP and improve market liquidity.
... This launch also increases chances that the SEC may approve XRP spot ETFs in the future. Meanwhile, Brazil already launched an XRP ETF.
📈 XRP is currently priced at $2.24, down slightly today, but it gained 12% over the past month.
👉 Overall, this move could boost XRP adoption and price growth in the near future.
#XRP #CMEGroup #XRPFutures #CryptoNews #Ripple #ETFs #InstitutionalCrypto #CryptoMarket 🚀📊
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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