Analysis

Derivatives Giant CME Group to Launch XRP Futures Next Month

Published

6 months ago

April 25, 2025

DCS Team

Credit : dailyhodl.com

CME Group launches new Futures contracts primarily based on the funds Altcoin XRP.

The Derivatives Market Large says in a single New announcement That it’s going to roll out a micro-size XRP-based Futures contract with a worth of 2500 XRP and a larger measurement of fifty,000 XRP.

The launch date is deliberate for Could 19, however the firm notes that each contracts are nonetheless awaiting the authorized evaluation.

Giovanni Vicioso, CME’s worldwide head of Crypto Merchandise, says that the brand new product rollout is as a result of budding buyer demand for regulated merchandise primarily based on digital belongings.

“The curiosity in XRP and its underlying ledger (XRPL) has steadily elevated because the institutional and retail acceptance for the community grows, and we’re happy to launch these new futures contracts to supply a capital-efficient instrument set to assist the investments and hedge methods of.”

Cme group first launched Bitcoin (BTC) Futures in 2020 and Ethereum (ETH) futures In 2022 and in March, the market on Solana (SOL) added contracts. The Futures Merchandise of Monetary Providers began to roll out Concerning the retail commerce big Robinhood in January.

XRP acts at $ 2.19 on the time of writing. The fourth rating of the market with market capitalization has risen by greater than 1.5% by greater than 1.5% within the final 24 hours, however virtually 6% has risen previously week.

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