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CME Group Debuts XRP Futures ETF – What’s Next for XRP?

  • CME Group has launched XRP futures ETF, which legal experts believe could boost institutional demand for XRP.
  • While CME's launch raises hopes for SEC approval of spot XRP ETFs, the Ripple-SEC lawsuit remains a challenge.
  • Ripple is making strides towards XRP mainstream adoption despite setbacks in the SEC lawsuit, with plans for future spot XRP ETFs.
  • XRP price has not seen substantial gains post the XRP futures ETF announcement, currently trading at $2.31 with market cap at $135 billion.

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