by aria-crypto.com
April 24, 2025 at 18:09
CME to Launch Bitcoin and XRP Futures: A New Development in Crypto Trading
CME Group is preparing to launch futures for XRP on May 19, pending regulatory approval from the Commodity Futures Trading Commission.
This addition will expand CME's crypto derivatives offerings, which already encompass Bitcoin, Ethereum, and Solana futures, making crypto futures more accessible to traders.
Traders will have the option between a micro contract for 2,500 XRP and a standard contract for 50,000 XRP, both cash-settled and priced using the CME CF XRP-Dollar reference rate.
The initiative comes amid rising institutional interest in regulated crypto products, as CME's crypto futures and options experienced substantial activity in the first quarter of the year.
Giovanni Vicioso, Global Head of cryptocurrency products at CME, stated that increasing interest in XRP underlines the demand for investment and hedging strategies within the market.
CME's move is strategic, supporting the growing adoption of regulated crypto trading amid a backdrop of shifting regulatory perceptions.
XRP is currently the fourth-largest cryptocurrency, with a market cap exceeding $127 billion, solidifying its place in CME's futures market expansion.
The increasing institutional participation signals a fundamental shift in the crypto landscape, where traditional finance is becoming more integrated with digital assets.
This launch may pave the way for broader acceptance of various cryptocurrencies and provide greater transparency and legitimacy in trading these emerging assets.
As regulatory frameworks continue to evolve, CME's futures introduction marks an important milestone in the maturation of the cryptocurrency market.
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