CME Group Launches XRP Futures: Institutional Interest Fuels Crypto Market Shift

The CME Group has officially launched XRP futures, set for May 19th, marking a significant milestone in the institutionalization of cryptocurrency markets. The launch is expected to increase investor involvement and potentially reshape trading dynamics for Ripple’s native token, XRP. Ripple CEO Brad Garlinghouse sees this move as a crucial step towards offering more robust products for institutional investors. Franklin Templeton and Bitwise are exploring regulated XRP ETFs further driving this new wave of interest.