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Tag: Possibility

CME Group Includes XRP Rate: ETF Possibility for Crypto Gamers

CME Group Includes XRP Rate: ETF Possibility for Crypto Gamers

The Dawn of a New Era: CME Group Introduces Cryptocurrency Benchmarks The landscape of cryptocurrency is witnessing a seismic shift with the Chicago Mercantile Exchange (CME) at its helm In a groundbreaking move, the CME has set the stage for unprecedented transparency in the valuation of portfolios by launching new reference rates and real-time indices for Ripple’s XRP and Internet Computer (ICP) This initiative not only marks a significant milestone for the leading derivatives marketplace, CME Group, but also ignites a wave of speculation regarding the possible introduction of an XRP exchange-traded fund (ETF) The Spellbinding Expansion of CME’s crypto Benchmark Offerings Set to roll out on July 29, these indices represent a pivotal advancement in the realm of cryptocurrency, providing crystal-clear pricing data for XRP and ICP The enthusiasm surrounding this launch is palpable, as it promises to redefine the way market participants perceive and engage with these assets...

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