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XRP Futures Launch on CME Sparks $30M Surge—Is a Spot ETF Next?

  • CME launched XRP futures contracts with over $30 million in trading volume, sparking ETF speculation and institutional interest.
  • XRP price is anticipated to rally towards $4.90 as analysts predict bullish momentum following technical patterns.
  • The XRP futures contracts on CME are cash-settled and include both standard (50,000 XRP) and micro (2,500 XRP) sizes, linked to the CME CF XRP-Dollar Reference Rate.
  • The surge of interest in XRP futures has rejuvenated discussions about a potential spot XRP ETF, as regulated futures often pave the way for ETF approval, similar to Bitcoin and Ethereum.

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