According to Odaily Planet Daily, CME Group launched XRP futures on Sunday, making it the fourth cryptocurrency product after Bitcoin, Ethereum, and Solana. The nominal trading volume on the first day exceeded $19 million.
XRP futures offer micro contracts (2500 XRP) and large contracts (50000 XRP), both cash-settled and anchored to the CME CF XRP-USD reference rate. Solana futures went live in March, with a first-day trading volume of $12.3 million.
Hidden Road cleared its first XRP futures trade, with President Noel Kimmel stating that this is an important milestone for Hidden Road and marks the continued adoption of digital assets by institutions.
