๐ CME Group to Launch $XRP Futures on May 19, 2025! ๐
Big news in the crypto world! CME Group has announced plans to launch XRP futures contracts on May 19, 2025, pending regulatory approval. This move expands CMEโs offerings, which already include Bitcoin, Ether, and Solana futures.
๐ Key Details of CME's XRP Futures:
Contract Sizes:
Two options will be available:
Micro Contract: 2,500 XRP
Standard Contract: 50,000 XRP
Settlement Method:
The contracts will be cash-settled in U.S. dollars rather than actual XRP.
Reference Rate:
Pricing will be based on the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time.
๐ Market Context:
XRP has experienced a 5.3% increase in 2025, while Bitcoin and Ether have faced losses, highlighting XRP's relative strength in the market.
๐ก Implications for XRP:
This move is expected to enhance liquidity in the XRP market and may open the door for future financial products like an XRP exchange-traded fund (ETF). Ripple CEO Brad Garlinghouse has already expressed his excitement about this initiative, calling it a major step for the XRP market.
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