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The launch of XRP futures on the CME marks another milestone in institutional crypto adoption. While its debut volume trails Bitcoin and Ethereum’s historic starts, the move signals growing market maturity. Here’s a breakdown of the numbers and what they reveal.
- XRP futures debuted with $19M in volume vs. BTC's $100M and ETH's $34M first-day totals.
- Regulatory uncertainty (Ripple vs. SEC case) and a less bullish market dampened XRP's launch.
- CME's BTC and ETH futures benefited from earlier market cycles with fewer competing products.
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