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Ripple CEO Speaks Out on How Upcoming Announcement Could Skyrocket XRP

  • The Chicago Mercantile Exchange is set to launch XRP futures contracts on May 19, pending final regulatory approval.
  • Ripple CEO, Brad Garlinghouse, expresses enthusiasm for the launch, stating that it is an important step for the continued growth of the XRP market.
  • The introduction of XRP futures contracts by the CME Group aims to provide institutional investors with increased access to the XRP market, boosting trading and liquidity.
  • The launch of XRP futures could potentially speed up the approval process for an XRP Exchange-Traded Fund (ETF) in the U.S., as major asset management firms have already filed their applications.

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