This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Legal experts suggest that the XRP futures ETF filing could drive institutional interest in XRP. Despite ongoing legal challenges with the SEC, CME Group’s launch of XRP futures contracts signals optimism for future spot ETF approvals. Meanwhile, XRP’s price struggles amid market volatility.
- CME Group's XRP futures contracts could drive institutional demand, with micro (2,500 tokens) and standard (50,000 tokens) options launching May 19.
- Brazil leads with the first XRP ETF (XRPH11), while the SEC's decision on U.S. spot ETFs remains pending.
- XRP price faces volatility: down 2.99% to $2.31, with analysts split between a drop to $2 or a potential 5x rally.
📎 Related coverage from: crypto-news-flash.com