#XRPETFs XRP Traded Fund
The XRP ETF fund is gaining momentum: the CME group indicates the next step
The Chicago Mercantile Exchange (CME), a Wall Street exchange for cryptocurrency futures contracts, is preparing to launch futures contracts on XRP on May 19. It's not a rumor; it's a signal. When the CME moves, it means that institutional funds are closely watching and preparing.
It's not just another derivative product. Futures contracts often lay the groundwork for exchange-traded index funds. Analysts at JP Morgan have already charted the same path, first with bitcoin futures, then with exchange-traded index funds. Ethereum followed. XRP could be next.
With Ripple gaining legal clarity in the United States, the timing couldn't be more strategic.