Rising Momentum Around XRP Investment Funds: A Critical 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 for institutional money to enter the market. 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 reached $2.50, the highest level since 2018.
Whales have accumulated $1.66 billion in just a few weeks.
Massive daily trading in South Korea reached $3.8 billion.