Ripple Celebrates Launch of CME XRP Futures, Fueling ETF Momentum

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CME Group’s launch of regulated XRP futures allows investors broader access to XRP through transparent and structured financial products.

Nine leading firms have filed for XRP-focused ETFs, indicating a clear shift in asset managers’ interest toward XRP investment vehicles.

Teucrium’s 2x Long Daily XRP ETF amassed over $106 million in assets, significantly outpacing Solana’s leveraged fund performance.

Ripple Labs has welcomed the launch of the first regulated XRP futures contracts by CME Group. The new offering includes standard and Micro XRP futures, marking a strategic development in Ripple’s efforts to expand institutional engagement with the token.

Brad Garlinghouse, CEO of Ripple Labs, described the futures debut as a key step for the company. He confirmed that Hidden Road, the prime brokerage recently acquired by Ripple, cleared the first block trade at the CME open. The contracts are designed to give investors structured access to XRP price movements while providing tools for risk management and increased market transparency.

XRP Futures Seen as Catalyst for ETF Market Expansion

The addition of XRP futures is expected to accelerate the creation of exchange-traded funds based on the asset. Industry observers noted similarities to the success of the ProShares Bitcoin Strategy Fund, which has accumulated over $2 billion in assets. The regulated nature of CME’s offering could pave the way for similar XRP-backed funds targeting institutional and retail investors.

XRP has drawn the most interest among altcoins in recent ETF filings, with nine asset managers, including Franklin Templeton, ProShares, Canary Capital, and Grayscale, submitting applications. Solana has followed closely with seven filings. The rise in applications signals growing demand for structured XRP exposure.

Teucrium’s XRP Fund Shows Rapid Growth

Interest in leveraged XRP products is also increasing. The newly launched Teucrium 2x Long Daily XRP ETF has amassed over $106 million in assets. In contrast, the comparable Solana product (SOLT) has gathered less than $35 million after four months. This divergence indicates stronger early demand for XRP-based leveraged funds.

Despite the launch, XRP's price declined to $2.33, reflecting a 12.25 percent drop from its monthly peak. Market analysts pointed to broader crypto market pressures and expectations already priced in ahead of the launch. The muted price response aligned with ongoing volatility across the sector.

The post Ripple Celebrates Launch of CME XRP Futures, Fueling ETF Momentum appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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