The CME just launched $XRP Futures, marking a serious shift toward institutional adoption. Futures = a key step before spot ETFs. Think of it like BTC in 2021 — this could be XRP’s moment. 👀
🟢 Polymarket odds of XRP ETF approval in 2024 jumped to 83%
🟢 Bloomberg analysts are even more bullish — 85%
🟢 CME listing brings regulated exposure = green light for Wall Street
While some argue futures don’t affect spot prices directly (no physical XRP is held), don’t overlook what’s brewing:
👉 More liquidity
👉 Easier institutional access
👉 A solid case for a spot ETF
💸 The Teucrium 2x Long Daily XRP ETF (XXRP) just added $30M last week — even with XRP’s price dipping. It’s now at $106M AUM. That’s more than SOLT. Institutions are watching.
👔 JP Morgan predicts XRP & SOL ETFs could pull $15B in year one — with XRP leading.
Next up:
🔜 SEC ruling on Franklin Templeton’s ETF in June (maybe delayed to Oct batch)
📆 Tuttle Capital launching their XRP ETF this week (May 21)
If this momentum keeps building, we might be witnessing the early stages of an XRP breakout. Stay sharp. 🧠