According to a report by FinanceFeeds, Ripple CEO Brad Garlinghouse has expressed approval of the Chicago Mercantile Exchange's upcoming XRP futures contracts, calling it an important and exciting step for the continuous rise of the XRP market. However, he noted that despite this initiative being somewhat delayed in multiple aspects, it is significant as it marks XRP's recognition in the mainstream financial market. This move not only provides regulated trading tools for professional investors but may also pave the way for the future launch of an XRP Spot ETF, validating XRP's status as a mature and investable asset class.
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According to a report by FinanceFeeds, Ripple CEO Brad Garlinghouse has expressed approval of the Chicago Mercantile Exchange's upcoming XRP futures contracts, calling it an important and exciting step for the continuous rise of the XRP market. However, he noted that despite this initiative being somewhat delayed in multiple aspects, it is significant as it marks XRP's recognition in the mainstream financial market. This move not only provides regulated trading tools for professional investors but may also pave the way for the future launch of an XRP Spot ETF, validating XRP's status as a mature and investable asset class.