Opinion: CME XRP Futures First Day Trading Volume Exceeds $19 Million, XRP Spot ETF Approved 'Only a Matter of Time'

BlockBeats News, May 21st, according to Coindesk report, the nominal trading volume on the first day of Chicago Mercantile Exchange (CME) XRP futures contract exceeded $19 million, with Tuesday's nominal trading volume reaching at least $10 million.

Market participants believe that the launch of these regulated futures contracts is a step towards potential US approval of a spot XRP exchange-traded fund (ETF). Nate Geraci, President of ETF Store, said, "A spot XRP ETF is only a matter of time."

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Opinion: CME XRP Futures First Day Trading Volume Exceeds $19 Million, XRP Spot ETF Approved 'Only a Matter of Time'

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