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.