The Chicago Mercantile Exchange (CME) has officially launched XRP and Micro XRP Futures, giving institutional investors direct access to Ripple’s native token through a regulated derivatives market. This long-awaited move marks a major milestone in XRP’s evolution and strengthens its appeal among traditional finance (TradFi) participants.
By introducing these futures contracts, CME effectively signals its endorsement of XRP as a credible asset class. Analysts see this development as a key step toward expanding XRP’s liquidity and improving its prospects for regulatory approval of an XRP Exchange-Traded Fund (ETF).
Ripple CEO Brad Garlinghouse confirmed that the first block trade executed on CME came through Hidden Road, a brokerage Ripple recently acquired.
“The launch of regulated XRP Futures on the CME marks a key institutional milestone for XRP… and very excited to report that Hidden Road cleared the first block trade on the CME at the opening!” Garlinghouse announced via X.
The launch of regulated XRP Futures on @CMEGroup marks a key institutional milestone for XRP…and very excited to report that Hidden Road cleared the first block trade on CME at the opening! https://t.co/Njj8AUSY5K
Although CME hasn’t yet released official trading data, the launch has already sparked widespread enthusiasm across the crypto market.
ETF Approval Inches Closer as Futures Go Live
The live trading of XRP futures significantly boosts the possibility of SEC approval for an XRP ETF, according to ETF specialist Nate Geraci, who stated it’s “only a matter of time.” On prediction market Polymarket, the odds remain above 80%, though today’s announcement hasn’t noticeably moved the needle.
Still, regulatory uncertainty continues to loom. A federal judge recently rejected a settlement in the ongoing SEC v. Ripple case, reviving the central debate: Is XRP a commodity or a security? A shift in classification could disrupt ETF proceedings and dampen market sentiment.
Price Reaction Muted, But the Long-Term Picture Strengthens
XRP’s price has shown little immediate movement, likely because markets already priced in the CME launch. However, industry experts emphasize that the impact is more structural than speculative. The CME listing lays the groundwork for long-term liquidity, expands institutional participation, and brings XRP closer to becoming the foundation for future crypto investment products.
Wall Street Inches Closer to Ripple
By joining CME’s prestigious derivatives roster, XRP sends a powerful message to traditional finance: it’s ready for the big leagues. Institutional adoption may still be in its early stages, but the launch of XRP futures represents a significant leap forward.
Syed Waleed
I’m a dedicated crypto and Web3 copywriter with a knack for transforming complex blockchain concepts into engaging, easy-to-understand content. I specialize in creating insightful articles, market analysis, and persuasive copy that captures attention and drives results. With a deep passion for DeFi, NFTs, and emerging crypto trends, I bring clarity, creativity, and expertise to every project, helping brands make their mark in the fast-paced world of digital assets.
I’m a dedicated crypto and Web3 copywriter with a knack for transforming complex blockchain concepts into engaging, easy-to-understand content. I specialize in creating insightful articles, market analysis, and persuasive copy that captures attention and drives results. With a deep passion for DeFi, NFTs, and emerging crypto trends, I bring clarity, creativity, and expertise to every project, helping brands make their mark in the fast-paced world of digital assets.
Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.
News 
May 19, 2025 
4 min. 
