CME’s Ripple Success Fuels Optimism, But SEC Delays Spur Uncertainty

CME Group’s launch of XRP futures has ignited optimism in the crypto market, exceeding $30 million in trading volume within its first few days. This success demonstrates institutional confidence in XRP and strengthens the case for a spot XRP ETF approval. However, the SEC’s continued delays on Bitwise and CoinShares’ applications have left investors frustrated as new deadlines approach. These delays raise questions about the SEC’s stance on crypto ETFs.