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XRP Exchange-Traded Funds

XRP ETF momentum is building: CME Group signals the next step

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

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

With Ripple gaining legal clarity in the United States, the timing couldn't 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 capitalization of XRP at $146.5 billion could swell by 22% if even 6% of the capital flows into the exchange-traded fund. Meanwhile, South Korean traders are already pumping $3.8 billion daily into XRP on Upbit. The buzz is there, as well as the ghosts of past legal battles. However, the XRP ETF might be Ripple's golden ticket; I do not recommend the contracts.