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**’Incredibly Important’: Ripple CEO Comments on CME’s Big XRP Move**
Ripple CEO has made a significant statement regarding the recent development by the Chicago Mercantile Exchange (CME) Group, which has introduced spot-based Bitcoin and Ethereum ETFs. The move is considered “incredibly important” by the Ripple executive.
In an exclusive interview, the CEO of Ripple emphasized that this landmark decision will have far-reaching implications for the cryptocurrency market. The introduction of regulated futures will undoubtedly pave the way for a more comprehensive range of financial products and services, further increasing mainstream adoption.
The CME’s move has removed one of the major obstacles to approving a spot XRP ETF. With regulatory barriers cleared, it is now highly likely that Ripple will be able to launch an XRP ETF in 2025, which would be a groundbreaking moment for the company and the broader crypto industry.
As a result, investors are optimistic about the prospects of a spot XRP ETF being approved this year. This could lead to increased market participation, with institutional investors more likely to join the fray.
Source: https://u.today/incredibly-important-ripple-ceo-comments-on-cmes-big-xrp-move
