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Read more breaking XRP News Here advertisement Crucial Role of CME Role in XRP ETF Seyffart’s argument centers around the pivotal role of the Chicago Mercantile Exchange (CME), a significant derivatives exchange, in facilitating the launch of XRP futures contracts.  He posits that the availability of XRP futures on the CME could pave the way for the eventual approval of an XRP futures ETF by providing a tangible underlying asset for tracking. The analyst remarked: “First of all, CME would have to list XRP futures before a futures ETF would launch. And I can’t imagine them allowing a spot Ripple ETF anytime soon.” Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must...

Also Read: Why Didn’t Ripple Register XRP With US SEC? Brad Garlinghouse Replies advertisement XRP Lawsuit To Lead Towards Clarity John Deaton, Amicus curiae in the XRP lawsuit in conversation with Paul Grewal, Chief Legal Officer of Coinbase discussed the importance of the outcome of the US SEC Vs Ripple case for the exchange. Coinbase’s Legal Chief mentioned that the crypto exchange is following and paying very close attention to Judge Analisa Torres’s court proceedings. He added that they are very eager to see clarity around the marketplace. Hopefully, this will clear out the confusion built by the US SEC. Also Read: Ripple Exec Hints Coinbase’s Next Move Trending Stories MATIC Price Analysis : Polygon Price Losing Monthly Support Hints an Upcoming fall of 15%; Keep Holding? 24/7 Cryptocurrency News Market Correction offers Discount Opportunity in these Large Cap Cryptocurrencies...