CME的XRP期货推出增强了机构的信心，并引发了关于即将到来的XRP现场ETF批准的猜测。

XRP期货最近在芝加哥商业交易所（CME）推出，引发了整个加密货币世界的新鲜兴奋，分析师和XRP社区猜测可能很快就会出现ETF。

The cryptocurrency market continues to buzz with anticipation as the Securities and Exchange Commission's decision on the first-ever XRP exchange-traded fund approaches.

随着证券交易委员会对有史以来第一个XRP交易所交易基金方法的决定，加密货币市场继续引起人们的期望。

However, recent technical glitches have cast a shadow of doubt on the timeline for the long-awaited spot ETF.

但是，最近的技术故障对期待已久的现场ETF的时间表产生了怀疑。

According to a report by AZcoins, the Chicago Mercantile Exchange (CME) has begun trading in XRP futures, marking a significant step in mainstream financial institutions' adoption of the cryptocurrency.

根据Azcoins的一份报告，芝加哥商业交易所（CME）已经开始在XRP期货中进行交易，这标志着主流金融机构采用加密货币的重要一步。

The CME-listed futures contracts provide a way for institutional investors to gain exposure to XRP without directly buying, selling, or holding the coins. These contracts are also cash-settled, further simplifying participation for larger financial bodies.

CME上市期货合约为机构投资者提供了一种在不直接购买，出售或持有硬币的情况下获得XRP的风险的方法。这些合同也是现金分配的，进一步简化了更大的金融机构的参与。

The approval of the XRP futures contracts by the Commodity Futures Trading Commission (CFTC) also attests to their legitimacy and suitability for sophisticated investors.

商品期货交易委员会（CFTC）批准XRP期货合同，也证明了其合法性和适用于复杂的投资者。

Highlighting the significance of this moment, Brad Garlinghouse, CEO of Ripple, stated that Hidden Road, a major trading firm, executed the inaugural large-scale trade in XRP futures on CME.

Ripple的首席执行官Brad Garlinghouse强调了这一刻的重要性，他说，这是一家大型贸易公司Hidden Road在CME上执行了XRP期货的就职大规模贸易。

"This is a landmark moment for XRP and the broader crypto market," Garlinghouse remarked.

加林豪斯说：“对于XRP和更广泛的加密市场来说，这是一个具有里程碑意义的时刻。”

"We've reached this point thanks to the tireless efforts of the entire Ripple team and the broader XRP community. Together, we're pushing the boundaries to create a more inclusive and interconnected financial system."

“由于整个Ripple团队和更广泛的XRP社区的不懈努力，我们已经达到了这一点。我们一起推动了界限，以创建一个更具包容性和相互联系的金融体系。”

Anticipation for XRP ETF Grows

XRP ETF的预期增长

Following the launch of the futures contracts, Nate Geraci, president of the ETF Store and cofounder of the ETF Institute, expressed his belief that the introduction of an ETF on the XRP token could be the next logical step.

期货合约发布后，ETF商店总裁兼ETF研究所联合创始人Nate Geraci表示，他相信在XRP代币上引入ETF可能是下一个合乎逻辑的步骤。

"It seems like forever ago, but in June 2023, the DC Circuit Court ruled that the SEC was being arbitrary in approving Bitcoin futures ETFs while denying the Grayscale Bitcoin spot ETF," Geraci explained.

Geraci解释说：“似乎是永远的，但是在2023年6月，DC巡回法院裁定，SEC在批准比特币期货ETF的同时是任意的，同时否认灰度比特币景点ETF。”

"The court stated that if a crypto asset has a busy CME futures market, it would be illogical to prevent a spot ETF."

“法院说，如果加密资产拥有繁忙的CME期货市场，那么防止现场ETF是不合逻辑的。”

A decision on the proposed Franklin XRP Fund spot ETF is due from the SEC on June 17, 2025.

对拟议的富兰克林XRP基金现货ETF的决定将于2025年6月17日起。

Its approval would allow for even broader investor access to XRP, similar to how the Bitcoin and Ethereum ETFs have brought in institutional capital and increased the cryptocurrencies' overall legitimacy.

它的批准将允许更广泛的投资者访问XRP，类似于比特币和以太坊ETF带来机构资本的方式，并增加了加密货币的整体合法性。

However, recent technical glitches have caused setbacks in the ETF application process.

但是，最近的技术故障在ETF申请过程中造成了挫折。

Despite the positive developments, such as the launch of the CME futures contracts and the pending decision on the Franklin XRP Fund, there are still hurdles to overcome before a spot ETF can be realized.

尽管取得了积极的发展，例如启动CME期货合约和对富兰克林XRP基金的未决决定，但在实现现场ETF之前，仍然有要克服的障碍。

According to data from Benzinga, the price of XRP showed little movement in the short term, declining by 0.77% in the past 24 hours but seeing a significant spike of 63.87% in trading volume, which often indicates heightened interest.

根据Benzinga的数据，XRP的价格在短期内很少移动，在过去的24小时内下降了0.77％，但交易量的显着高涨为63.87％，这通常表明利息升高。

As of now, XRP is trading at $2.37. While the token's price has remained largely stagnant, many believe that this period of consolidation is setting the stage for a substantial rally, especially if the ETF dream becomes a reality.

截至目前，XRP的交易价格为2.37美元。尽管令牌的价格在很大程度上停滞不前，但许多人认为，这一时期的合并正在为实质性的集会奠定基础，尤其是在ETF梦想成为现实的情况下。