CME Exchange Debuts XRP Futures Despite Lackluster Market Response
The Chicago Mercantile Exchange (CME) has launched live trading of XRP futures, representing a major institutional milestone for the digital asset. However, XRP’s price continues to underperform, with trading volumes remaining subdued in the initial phase.
Ripple CEO Brad Garlinghouse emphasized the significance of this development for XRP’s institutional adoption. Hidden Road, a recently acquired brokerage, facilitated the first block trade on CME at launch, indicating early institutional engagement.