#Xrp🔥🔥

According to the announcement, the new XRP contracts will offer two sizing options, 2,500 XRP and 50,000 XRP, for both institutional and retail investors. Each contract will be cash-settled and based on the CME CF XRP-Dollar Reference Rate, which captures a daily benchmark price at 4:00 p.m. London time.

The addition of XRP futures followed rising volume across CME's crypto derivatives. In Q1, the company reported a 141% year-over-year increase in daily average trading volume for crypto futures, reaching $11.3 billion in notional terms.