by aria-crypto.com
April 25, 2025 at 12:34
Crypto Futures Take a Leap: CME to Launch XRP Contracts
On May 19, the Chicago Mercantile Exchange (CME) will debut XRP futures contracts, marking its commitment to capturing rising crypto demand.
This addition makes XRP the fourth cryptocurrency available on the CME platform, joining Bitcoin, Ethereum, and Solana.
XRP futures are unique in that they allow traders to speculate on the future price of XRP without needing to own the actual tokens, and will be cash-settled.
CME plans to offer two contract sizes: a smaller one for 2,500 XRP and a larger one for 50,000 XRP, with pricing based on the CME CF XRP-Dollar Reference Rate updated daily.
The growing interest in XRP is fueled by its reputation for quick, low-cost international transfers and strong backing from Ripple Labs and major financial institutions.
Giovanni Vicioso, CME’s head of digital currency products, highlighted that this offering gives investors more ways to hedge against risks and diversify their portfolios.
The timing of this launch follows Ripple's recent legal victory against the SEC, which has positively impacted XRP’s market perception and led to a recent price increase.
In addition to the XRP futures release, Robinhood's announcement to list these contracts will make it easier for average traders to engage in the crypto market.
This strategic move by CME signifies the growing acceptance of cryptocurrencies in traditional finance as demand and legal clarity increase.
Overall, the launch of XRP futures is a clear indicator that the cryptocurrency space is evolving, attracting both casual fans and serious investors alike.
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