$BTC

The XRP ETF Momentum is Growing: CME Group Signals Next Step

The Chicago Mercantile Exchange (CME), a Wall Street exchange for cryptocurrency futures, is preparing to launch XRP futures on May 19. This is not a rumor; it is 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 with Bitcoin futures, then with exchange-traded funds. Ethereum followed. XRP may 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 amassed $1.66 billion in just three weeks.