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CME to Launch XRP Futures May 19 — Sparks ETF Speculation and Market Buzz

CME to Launch XRP Futures May 19 — Sparks ETF Speculation and Market Buzz

The XRP community was sent into a wave of excitement and anticipation following a major announcement from the Chicago Mercantile Exchange. CME revealed it will officially launch XRP futures contracts starting May 19, signaling what many see as a pivotal moment for the digital asset.

The new contracts will be available in both standard and micro sizes, giving traders more control over their market exposure. This move positions XRP alongside other top crypto assets already listed on CME, reinforcing its growing relevance in institutional markets.

CME’s decision comes as a major upgrade from previous XRP futures listings on smaller exchanges like Bitnomial and Coinbase. While those platforms laid early groundwork, CME’s globally trusted status gives XRP a new level of legitimacy in the eyes of regulators and large-scale investors.

Ripple CEO Brad Garlinghouse responded to the announcement by calling it a necessary and exciting step for XRP’s evolution. He acknowledged it as long overdue but essential for strengthening market confidence and infrastructure.

Also Read: Bitcoin Nears $94K as Solana, XRP Soar in 24-Hour Crypto Price Shake-Up

XRP Futures on CME Fuel New Wave of ETF Speculation

The announcement has intensified discussions around the possibility of an XRP Spot ETF gaining approval soon. Analysts suggest the SEC often looks favorably on assets that have well-regulated futures markets, especially when hosted on established exchanges like CME.

This strategic development may offer the kind of institutional structure the SEC considers when assessing ETF proposals. With CME’s involvement, XRP now meets one of the key criteria that previously helped Bitcoin and Ethereum secure ETF support.

The SEC’s leadership shift under Paul Atkins, who was recently sworn in as Chair, has further added to the optimism. His more open approach to digital assets has led many to believe that multiple Spot ETFs, including XRP and Solana, could gain approval by mid-to-late 2025.

Market participants are closely monitoring the next regulatory steps, viewing CME’s move as a strong foundation for the broader integration of XRP into mainstream financial products. The development also reflects increasing institutional interest and a maturing market for the asset.

CME’s decision to list XRP futures has reenergized the market and intensified ETF-related speculation. As the crypto landscape continues to evolve, all eyes are now on regulatory signals that could push XRP further into institutional territory.

Also Read: XRP Pumps Big in India, Surpasses BTC and DOGE in Q1 Report