#XRPETFs
XRP ETFs
XRP ETF Momentum Growing: CME Group Points Next Step
The Chicago Mercantile Exchange Group (CME), the Wall Street cryptocurrency futures exchange, is preparing to launch XRP futures on May 19. This is not common; it is a sign. When the CME stock exchange moves, it means that institutional funds are closely monitored and prepared.
It's not just another derivative product. Futures often lay the foundation for ETFs. JPMorgan analysts have drawn the same map before, first Bitcoin futures, then ETFs. It was followed by Ethereum. XRP may be next.
With Ripple gaining legal clarity in the United States, the timing couldn't be more strategic. The numbers are convincing. XRP has risen to nearly $2.50, its highest level since January 2018, with whales raising $1.66 billion in just three weeks.
XRP's current market capitalization of $146.5 billion could inflate by 22% if it flows up to 6% of the ETF's capital. Meanwhile, South Korean traders are already pumping $3.8 billion a day into XRP on Upbit. The noise is there, as are the ghosts of previous legal battles. However, the XRP ETF may be the golden Ripple ticket, I don't recommend contracts$$XRP
