Ripple has confirmed that XRP futures and ETFs are set to begin trading on major U.S. platforms, including CME and Nasdaq—a move seen as a significant step in bridging traditional finance with the crypto space.
The announcement was made through Ripple’s official social channels and later expanded on by CEO Brad Garlinghouse in a short-form video series titled Crypto In One Minute. In the video, Garlinghouse described the moment as a long-overdue breakthrough for XRP and institutional access to digital assets.
“For years, institutions have been boxed out of direct crypto exposure,” Garlinghouse explained, noting that most were limited to using centralized exchanges or custom-built custody solutions. The introduction of regulated ETFs now gives these players a direct line to crypto via the familiar infrastructure of Wall Street.
He emphasized that this shift is more than symbolic—it signals a broader trend of financial integration. Bitcoin ETFs, for example, broke records as the fastest to hit $1 billion in inflows and continued climbing past $10 billion. Garlinghouse suggested XRP could follow a similar trajectory, pushing closer to the kind of mainstream acceptance once reserved for assets like gold.
The move underscores the rapid pace at which institutional crypto adoption is unfolding—and hints that the next wave may be led by tokens beyond Bitcoin.
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Purpose Investments has received the green light to launch Canada’s first spot XRP ETF, with trading set to begin on June 18.