After 4 years of legal limbo, $XRP is finally getting its institutional moment. On May 19, CME Group launched XRP Futures ETFs, pulling in $6M+ in trading volume on day one. That’s not just big — that’s ETH ETF-beating big. 🔥
📊 What’s wild?
- XRP Futures already outperformed Ethereum ETFs.
- Open Interest has spiked to $4.69B
- Price hit $2.33, with strong momentum.
The kicker? This isn’t just whales. 📉
- 106 micro contracts (2.5k XRP each) traded = active participation from smaller players too.
- Standard contracts (50k XRP) = Big boys are here. 🐋
Despite SEC delays on spot ETFs (XRP + SOL), the narrative is shifting. Nate Geraci (ETF Store prez) says spot XRP ETFs are inevitable. Polymarket agrees: 83% odds on approval.
If this pace holds, XRP could even start nibbling at BTC ETF volumes (👑 still far, but not impossible).
📅 Mark June 17 — that’s when Franklin Templeton's XRP ETF app gets its moment.
Bullish or just hype? Either way, XRP is no longer in the shadows.
