#XRPETFs

XRP

The momentum for the XRP ETF is growing: CME Group indicates the next step

The Chicago Mercantile Exchange (CME), a Wall Street exchange for cryptocurrency futures, is preparing to launch XRP futures on May 19. This is not a rumor; it is a signal. When the CME moves, it means institutional money is watching closely and getting ready.

It is not just another derivative product. Futures often lay the groundwork for exchange-traded funds (ETFs). Analysts at JP Morgan have drawn the same map before, first Bitcoin futures, then ETFs. Ethereum followed. XRP may be next.

With Ripple gaining legal clarity in the United States, the timing could not be more strategic. The numbers are compelling. XRP has risen to nearly $2.50, its highest level since January 2018, as whales accumulated $1.66 billion in just three weeks.

The current market value of XRP at $146.5 billion could increase by 22% if up to 6% of the ETF’s capital flows in. Meanwhile, South Korean traders are already pumping $3.8 billion daily into XRP on Upbit. The hype is there, as are the ghosts of past legal battles. However, the XRP ETF could be Ripple's golden ticket, I do not recommend contracts.