XRP Price Surge Anticipated with CME Futures Launch

XRP Price Surge Anticipated with CME Futures Launch

CME Announces May 19 XRP Futures Launch

The Chicago Mercantile Exchange Group (CME) is planning to launch XRP futures on May 19, 2025, subject to regulatory approval. Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, emphasized the importance of regulated derivatives for market participants.

Institutional stakeholders, including BlackRock and Franklin Templeton, are exploring XRP ETF applications with ongoing discussions with the SEC. An XRP ETF could increase institutional uptake and influence long-term price movement.

Institutional XRP Interest Strengthens with CME Launch

The launch of XRP futures by CME may boost institutional interest and see increased trading volumes. Giovanni Vicioso highlighted, “As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens.”

The SEC’s decision to lower Ripple’s fine and confirm XRP’s non-security status further supports confidence in XRP. This resolution could remove barriers for adoption among institutional investors and influence market trends.

Potential XRP Price Increase from ETF Approvals

Historically, ETF approvals for Bitcoin and Ethereum have led to substantial price increases. Experts believe the same could occur for XRP, with previous ETF launches offering a reference point for potential price jumps.

Experts forecast that institutional investments could drive XRP to higher price levels by the end of 2025. Historical data on ETF impacts suggests the cryptocurrency might reach $10 if current trends hold.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.