BlockBeats News, May 21st, according to Coindesk, the nominal trading volume for Chicago Mercantile Exchange (CME)’s XRP futures contract exceeded $19 million on the first day, with Tuesday's nominal volume reaching at least $10 million.
Market participants believe that the launch of these regulated futures contracts is a step towards potential approval of a spot XRP exchange-traded fund (ETF) in the United States. Nate Geraci, President of ETF Store, stated, "A spot XRP ETF is only a matter of time."
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