CME’s XRP Futures Rake in $30M—Is an ETF the Next Crypto Cash Cow?
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XRP futures on the Chicago Mercantile Exchange (CME) hit the ground sprinting, pulling nearly $30 million in volume since launch. Traders are piling in—and Wall Street’s already sniffing around for the next crypto ETF play.
Why it matters: Institutional money flowing into XRP derivatives signals growing confidence in Ripple’s legal clarity and market viability. But let’s be real—the real frenzy starts when the SEC inevitably gets dragged into the ETF approval circus.
The bottom line: Crypto’s favorite regulatory punching bag might just become its next golden goose. Just don’t hold your breath for those ’patient capital’ returns.
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