#XRPETFs Rising Momentum Around XRP Investment Funds: A Crucial Step from CME
The Chicago Mercantile Exchange (CME), the financial giant on Wall Street, is preparing to launch XRP futures contracts on May 19.
This announcement is not just a rumor; it is a strong signal of institutional money entering the market with force. Historically, futures contracts have paved the way for the launch of exchange-traded funds (ETFs), as seen with Bitcoin and then Ethereum, and it seems XRP is next.
With Ripple gaining legal clarity within the United States, momentum is increasing:
XRP has reached $2.50, its highest level since 2018.
Whales have accumulated $1.66 billion in just a few weeks.
There was massive daily trading in South Korea amounting to $3.8 billion.
The XRP ETF could be a historic opportunity — however, caution is still required regarding futures contracts.
