Ripple CME Futures Launch Sees $2.4M Volume Amid SEC ETF Delay, Legal Tensions Could Rise
Posted On May 21, 2025
Ripple (CRYPTO: XRP) is currently at $2.35, growing 0.14% in a day. After a fall of over 10% last week, Ripple managed to give 10.50% returns in a month. The rise follows the highly anticipated listing of XRP futures on the CME Group Inc. (NASDAQ:CME) that saw more than $2.4 million in trading volume on the launch day.
The launch comes after CME Group’s regulatory approval, backed by the Commodity Futures Trading Commission’s decision to classify XRP as a commodity instead of a security. The classification not only confirms the legitimacy of XRP in the eyes of U.S. regulators but also opens the door for other regulated financial products based on the token.
Don’t Miss:
- Trade crypto futures on Plus500 with up to $200 in bonuses — no wallets, just price speculation and free paper trading to practice different strategies.
- New to trading crypto? Get up to $400 in rewards for successfully completing short educational courses and placing your first qualifying trade on Coinbase.
The SEC has postponed …
About The Author
