- Ripple’s CEO believes CME’s launch of XRP futures will strengthen XRP’s position in the market.
- It also boosts hopes for a spot XRP ETF approval in 2025.
Ripple CEO Brad Garlinghouse has unveiled bold optimism surrounding a major milestone for XRP: the upcoming launch of XRP futures on CME Group. Garlinghouse described the move as “incredibly important,” believing it will significantly fuel XRP’s growth, adoption, and maturity within the global financial ecosystem.
CME Group, one of the world’s most influential derivatives marketplaces, confirmed it will officially roll out XRP futures on May 19, 2025. While XRP futures already exist in some corners of the crypto world, CME’s entry brings a level of prestige and influence that few others can match.
Also read: Bitcoin ETFs Surge with $3B Inflows, Marking First Full Positive Week in Over a Month
For months, the XRP community has eagerly anticipated this news, especially after sharp-eyed users spotted CME’s Beta website back in January. Now, with the official launch date set, XRP stands on the cusp of greater institutional adoption, which could dramatically reshape its market profile.
CME’s Power Move and What It Means for XRP
CME Group’s dominance in the crypto derivatives landscape is no secret. It commands over 21% of the global Bitcoin futures open interest — a $65 billion market — outpacing even heavyweights like Binance and OKX. This track record of success adds serious credibility to XRP’s next chapter.
Launching XRP futures through CME not only boosts market legitimacy but also opens doors for major financial players who might have been waiting for a regulated platform to engage with XRP.
The move mirrors CME’s historical impact when it introduced Bitcoin futures in 2018 and Ethereum futures in 2021, both pivotal moments that elevated crypto assets into broader financial conversations.
A Gateway to an XRP ETF?
Perhaps most exciting for XRP enthusiasts is what this could mean for a potential spot XRP exchange-traded fund (ETF) in the U.S. Historically, the lack of regulated XRP futures has been a stumbling block for ETF approval, especially in the eyes of the SEC.
Now, with CME and Bitnomial both stepping up, the regulatory landscape looks far more promising. Many experts believe the approval of a spot XRP ETF could become a reality as soon as 2025 — a development that would mark another giant leap forward for Ripple and the entire XRP community.
