XRP Futures Rake in $30M at CME—Are ETF Dreams Next?
Chicago’s derivatives giant just lit a fire under XRP bulls. CME Group’s freshly launched XRP futures have hauled in nearly $30 million since debut—proof that institutional money’s sniffing around Ripple’s embattled token again.
Why it matters: That kind of liquidity doesn’t show up for a ’dead coin.’ Traders are clearly positioning for something bigger—maybe that long-shot XRP ETF Wall Street keeps pretending not to want.
The cynical take: Watch the same banks that called crypto a scam suddenly ’discover’ XRP’s regulatory clarity once there’s a product to sell. Funny how that works.