The week holds significant promise for XRP with the launch of its futures contracts on the CME today. This milestone fuels anticipation for potential XRP spot ETF approvals, attracting institutional investment and potentially revolutionizing how XRP is traded. 83% of traders predict SEC approval this year, while Bloomberg analysts boost the odds to 85%, driven by rising institutional interest and a favorable regulatory landscape. The launch also signals a step towards institutional adoption as it allows financial firms to create ETFs tracking XRP price movements, similar to the ProShares Bitcoin ETF that tracks CME Bitcoin futures. While some worry about lack of physical XRP ownership in the futures contracts potentially hindering price movement, today’s event is expected to boost market liquidity and attract institutions to trade and hedge XRP in a regulated environment. The increased visibility from CME listing could further strengthen its market position. 83% of traders predict SEC approval this year for the XRP spot ETF as Teucrium’s newly launched 2x Long Daily XRP ETF (XXRP) continues to show strong inflows despite recent price drops, exceeding similar products like the 2x Solana ETF (SOLT). Experts such as JP Morgan anticipate a staggering $15 billion in investment across both XRP and Solana ETFs in their first year, with XRP expected to capture most of this influx. The SEC is set to rule on Franklin Templeton’s XRP ETF in June, though potential delays are expected due to similar applications from Bitwise and VanEck, followed by Tuttle Capital’s upcoming launch on May 21st. This could further propel institutional interest and increase demand for spot trading on secondary markets.