The price of Ripple's XRP jumped momentarily after the Chicago Mercantile Exchange (CME) website mistakenly posted a test page indicating that regulated token futures could begin trading in February, pending regulatory approval.
Could the possible launch of
#XRP futures be a boost for XRP? Could this opportunity be the impetus for XRP to jump to
$BTC is CME looking to list XRP futures contracts?
the Chicago Mercantile Exchange (CME) announced early Wednesday that it will list a subdomain of XRP futures from Ripple, the Chicago-based giant, and Solana (SOL) futures.
The prices of both cryptocurrencies soared after a leak about the addition of CME futures indicated that these investment instruments would be listed on Feb. 10. Bloomberg
#ETF analyst James Seyfarth confirmed the existence of the page. However, CME later clarified that the beta page was released in error and that no official decision had been made about futures contracts for both tokens.
The beta site, which is often used for mockups, was released in error, a spokesperson told FOX. Business. No official decision has been made yet to launch futures trading for either
#token .
Despite the CME's denial, investors are holding out hope that XRP futures trading will eventually be launched.
Following the re-election of President Donald Trump and the departure of
#cryptocurrency nemesis Gary Gensler from the SEC, cryptocurrency exchange-traded funds (ETFs) ETFs and futures products have been receiving more applications. Asset managers have already applied to be included in a large number of altcoin ETFs, including XRP. This has raised expectations that ETFs offering investors direct exposure to XRP will soon be approved, following the approval of bitcoin and Ethereum ETFs last year.
Trump declared the U. S. the crypto capital of the world, He appointed cryptocurrency advocate Mark Uyeda as interim SEC chairman until Paul Atkins takes office under the new Trump administration.
In order for XRP ETFs and futures to get the green light, regulatory hurdles must be overcome.
Is XRP headed toward $ 15?
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