The wound of XRP's exchange-traded funds (ETF) is increasing strongly!
The Chicago Mercantile Exchange (CME) — a pillar of Wall Street in crypto futures — is preparing to launch XRP futures contracts on May 19.
This is not just a passing news... but a strong signal that institutional capital is beginning to closely monitor and prepare for the next step.
Why is this important?
Typically, futures contracts are the natural precursor to launching exchange-traded funds (ETFs).
We've seen this scenario before with Bitcoin and Ethereum... and now it seems that XRP is next in line.
And with Ripple gaining legal clarity within the United States, the timing couldn't be better.
Attention-grabbing numbers:
XRP's price jumped to around $2.50, its highest level since January 2018.
Whales accumulated over $1.66 billion in just 3 weeks.
If even 6% of ETF capital flows into XRP, its current market value could rise by more than 22%!
South Korean traders are currently pumping $3.8 billion daily into XRP on the Upbit platform.
But... the question remains:
> "Will the XRP ETF be Ripple's golden ticket... or are we facing a temporary speculative wave?"
Important note:
I do not advise entering through futures at this stage due to high volatility and elevated risks.
