Odaily Planet Daily News 🌟 Tim McCourt, senior managing director of CME, said that the launch of XRP ETF has taken an important step! CME currently has XRP reference rates and real-time indices, which is the first step in building this ecosystem, providing more than 50 real-time prices and reference rates. This is crucial for product providers like Bitwise, because they can at least point to a fully regulated benchmark.

A week ago, the U.S. Securities and Exchange Commission received an XRP ETF application from Canary Capital. Canary is the second provider to apply for an XRP ETF after Bitwise Asset Management. This series of actions shows that XRP is gradually moving towards the mainstream market, and the future is promising! 🚀