CMExrpETF

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𝐂𝐌𝐄 𝐆𝐫𝐨𝐮𝐩 𝐇𝐢𝐧𝐭𝐬 𝐚𝐭 𝐗𝐑𝐏 𝐚𝐧𝐝 𝐒𝐨𝐥𝐚𝐧𝐚 𝐅𝐮𝐭𝐮𝐫𝐞 𝐄𝐓𝐅 𝐋𝐚𝐮𝐧𝐜𝐡 𝐢𝐧 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 😮

The Chicago Mercantile Exchange (CME) has reportedly added pages for $XRP and Solana $SOL Future ETFs on its beta website, indicating a potential launch date of February 10, pending regulatory approval.

This development aligns with growing interest in crypto ETFs, as other major players like Grayscale, Bitwise, BlackRock, vanEck, 21Shares, and Cboe are already in the race to establish Solana ETFs. For XRP ETFs, competitors such as WisdomTree, Bitwise, and BlackRock have also filed proposals, intensifying competition in this growing market segment.

𝐅𝐨𝐫 𝐝𝐚𝐢𝐥𝐲 𝐚𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜 𝐧𝐞𝐰𝐬 𝐮𝐩𝐝𝐚𝐭𝐞𝐬, 𝐟𝐨𝐥𝐥𝐨𝐰, 𝐥𝐢𝐤𝐞, 𝐚𝐧𝐝 𝐬𝐡𝐚𝐫𝐞! 𝐓𝐡𝐚𝐧𝐤𝐬 𝐟𝐨𝐫 𝐫𝐞𝐚𝐝𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐚𝐧𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬.

Source: CoinGabbar

📢 Disclaimer: Cryptocurrency investments are subject to market risks; always DYOR before investing.



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CME Group set to launch XRP futures on Monday amid legal setback for SEC and Ripple

The Chicago Mercantile Exchange (CME) Group, the world’s leading derivatives marketplace, is expected to launch XRP futures and Micro XRP futures contracts on Monday, May 19, aiming to expand its suite of regulated crypto derivatives to include the fourth-largest digital asset by market capitalization.

The contracts will be available for trading on CME Globex and cleared through CME ClearPort, with access beginning Sunday evening, May 18, for after-hours participants, as noted in CME’s notice.

Each XRP futures contract will represent 50,000 XRP, while the Micro XRP futures will represent 2,500 XRP, both cash-settled based on the CME CF XRP-Dollar Reference Rate. Fees vary by participant type and venue.

CME Group confirmed in April that it plans to launch its first XRP futures contracts, pending regulatory approval, following earlier leaks in January that hinted at the rollout.#CMExrpETF