XRP futures on CME saw $1.5 million in opening trades with cash-settled contracts tracking XRP price via CME CF Reference Rate.Ripple CEO considers the futures launch as a significant step towards institutional adoption of XRP.The introduction of XRP futures on CME provides institutions a way to manage XRP exposure and risks precisely.The launch of XRP futures is seen as a milestone for Ripple in attracting institutional investors, following the resolution of disputes with the SEC.