CME’s Ripple Futures Surge Fuels XRP ETF Speculation
- The Chicago Mercantile Exchange (CME) introduced Ripple futures contracts, reaching $30 million in trading volume within three days.
- Bloomberg analysts predict an 85% chance of XRP ETF approval by 2025.
- Polymarket odds show an 83% chance for a Ripple ETF launch in 2025, with only a 21% probability for July.
- June 17, 2025, is highlighted as a crucial date for the SEC’s decision on Franklin Templeton’s spot XRP ETF.
- Analysts expect possible early SEC approval by late June or early July, with more likelihood in early Q4.
The CME’s introduction of Ripple futures has led to significant trading activity and optimism about the potential approval of an XRP ETF. Analysts project high chances of approval by 2025, with key dates in mid-2025 under scrutiny.
Source (2.6)https://coingape.com/xrp-etf-odds-surge-amid-cme-futures-growth-can-approval-happen-by-june-17/?rand=24432