- Ripple is gearing up for a major boost as CEO Brad Garlinghouse celebrates the upcoming launch of XRP futures on CME Group, calling it a pivotal moment for XRP’s growth.
- With CME’s backing, the move could pave the way for a spot XRP ETF approval in 2025.
Ripple’s CEO Brad Garlinghouse is brimming with excitement—and for good reason. In a major win for XRP, Garlinghouse has called the upcoming launch of XRP futures on CME Group “incredibly important” for the cryptocurrency’s growth and maturity in the financial world.
Set for May 19, 2025, the launch of XRP futures on CME marks a historic milestone. While XRP futures have existed before, none come with the heavyweight reputation that CME carries. As one of the world’s largest and most trusted derivatives marketplaces, CME’s move is seen as a game-changer that could finally catapult XRP into the big leagues, especially among institutional investors.
CME Group’s Impact: A New Era for XRP
CME Group is no stranger to transforming crypto markets. It already holds the largest share of Bitcoin futures open interest, beating giants like Binance and OKX, with over 21% of the $65 billion market. Its deep credibility and market power are expected to lend XRP a serious boost, bringing fresh legitimacy and massive new exposure.
When CME launched Bitcoin futures in late 2017 and Ethereum futures in 2021, each event was pivotal for mainstream adoption. Now, XRP is stepping into the spotlight—and expectations are soaring.
Ripple Futures Could Clear the Way for an XRP ETF
There’s even more reason for the Ripple community to celebrate. The arrival of regulated XRP futures directly addresses a long-standing hurdle that blocked a spot XRP ETF approval in the U.S. Regulatory bodies like the SEC have previously pointed to the absence of regulated futures products as a reason for withholding approval.
Now, with CME’s powerful backing and Bitnomial’s recent product release, the path for a spot XRP ETF is looking clearer than ever. With growing signs that the SEC is warming up to crypto products, an XRP ETF could become reality in 2025.
For XRP holders, this isn’t just another announcement—it’s a potential launchpad for mainstream adoption, bigger liquidity, and a brighter future.