CME Group to Launch XRP Futures: Institutional Interest Drives the Move

CME Group is launching XRP futures on May 19th following a leaked test page reveal, signaling strong institutional interest in the cryptocurrency. This comes after the introduction of pricing indices for XRP last July, paving the way for regulated financial products linked to the token. The move aligns with broader efforts towards regulated crypto products and potential spot XRP ETFs. CME Group’s launch follows Bitnomial’s first U.S.-regulated exchange to introduce XRP futures in March, highlighting the industry’s readiness for derivatives trading.