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CME Exchange’s XRP Futures ETF Debut Surpasses Ethereum, Challenges Bitcoin Dominance
CME Exchange’s XRP Futures ETF Debut Surpasses Ethereum, Challenges Bitcoin Dominance
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CME exchange News -
XRP futures marked a watershed moment in crypto derivatives trading as CME’s newly launched ETF notched $5.8 million in debut volume—triple the combined first-day performance of Ethereum futures products. The institutional-grade micro contracts accounted for most activity, fueling a 2.5% xrp price surge to $2.38.
Open interest ballooned to $4.69 billion, revealing sophisticated traders’ appetite for regulated exposure despite Ripple’s ongoing SEC litigation. This demand tsunami positions XRP as a dark horse in the race for crypto derivatives supremacy, though Bitcoin’s entrenched dominance remains the ultimate benchmark.
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