XRP ETF Hopes Rise After CME Futures Go Live, SEC Decision Looms
The post XRP ETF Hopes Rise After CME Futures Go Live, SEC Decision Looms appeared first on Coinpedia Fintech News The recent launch of XRP futures on the Chicago Mercantile Exchange (CME) is igniting fresh excitement across the crypto world, with analysts and the XRP community speculating that a spot ETF might soon follow. Nate Geraci , president of the ETF Store and cofounder of the ETF Institute, believes this futures milestone could be the springboard XRP needs to secure an exchange-traded fund. Meanwhile Ripple vs SEC case has also struck in technical glitch creating clouds of confusion on XRP’s ETF prospects. Will XRP make it this time? Institutional Adoption Gets a Boost In a positive move, CME (Chicago Mercantile Exchange) has added XRP to its list of official crypto products, which shows that big financial players are becoming more confident in XRP. They’ve launched XRP futures contracts, a type of investment that lets people bet on XRP’s future price without actually owning the coins. These contracts are cash-settled, so when they end, investors get paid in dollars, not XRP. This setup makes it easier and safer for big institutions, like banks and hedge funds, to get involved with XRP in a regulated way. Also, the contracts have been approved by the CFTC, a U.S. regulator, which adds trust and makes it more appealing to serious investors. Ripple’s CEO, Brad Garlinghouse , said this is a big moment for XRP and the broader market. He mentioned that Hidden Road, a trading firm, made the first big trade on CME, and he called it an important step in XRP’s growth . .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Set to Benefit as GENIUS Act Passes Key Senate Vote on Stablecoins , XRP ETF Hopes Rise Following the futures launch, Geraci predicted that an XRP ETF could be next. His optimism isn’t unfounded. A decision on the proposed Franklin XRP Fund , a spot ETF, is due from the SEC on June 17, 2025. If approved, it would open the door for even broader investor access, similar to how Bitcoin and Ethereum ETFs have brought in institutional capital and increased legitimacy. Adding weight to the argument is a 2023 ruling by the DC Circuit Court that criticized the SEC for denying Grayscale’s Bitcoin spot ETF while allowing futures-based ones. The court emphasized that if a crypto asset has an active CME futures market, it’s hard to justify blocking a spot ETF. XRP now fits that profile. XRP Price Analysis Despite the positive headlines, XRP’s price has shown little movement in the short term. It’s currently down 0.77% over the past 24 hours but has seen a 63.87% spike in trading volume, signaling heightened interest. As of now, XRP trades at $2.37. While XRP trades sideways, many believe the groundwork is being laid for a bigger run, especially if the ETF dream becomes a reality. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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Yes, an XRP spot ETF decision is expected by June 17, 2025, following the launch of XRP futures on CME. How does the Ripple vs SEC case affect XRP ETF hopes? Ongoing legal uncertainty and recent glitches could delay ETF progress, despite positive market developments. What is the current XRP price and market trend? XRP trades at $2.37 with low price movement but high volume, suggesting growing interest ahead of ETF decision.
Original article from coinpedia
Source: coinpedia
Published: May 20, 2025