#XRPETFs
XRP Exchange-Traded Funds
XRP ETF momentum is building: CME Group signals the next step
The Chicago Mercantile Exchange (CME), a Wall Street exchange for cryptocurrency futures, 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 watching closely and getting ready.
This is not just another derivative product. Futures often lay the groundwork for exchange-traded funds. Analysts at JP Morgan have charted the same path 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.