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XRP Futures Launch on CME with $1.5M Volume

  • 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.

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