🚨🇺🇸 SEC #APPROVES PROSHARES TRUST $XRP ETF
🔹Approval: The U.S. SEC has approved the ProShares Trust XRP ETF to be publicly listed on April 30, 2025.
🔹 enabling XRP to be traded as part of an ETF, which offers a new investment vehicle for the asset.
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🚨CME GROUP TO LAUNCH XRP FUTURES
🔹Launch Date: May 19, 2025 (pending regulatory approval)
Contracts Offered:
• Micro (2,500 XRP)
• Standard (50,000 XRP)
🔹Settlement: Cash-settled, based on CME CF XRP-Dollar Reference Rate (set daily at 4:00 p.m. London time)
Statements:
🔹CME's Giovanni Vicioso: "XRP demand rising with institutional & retail adoption."
🔹Robinhood's JB Mackenzie: Will expand access to XRP futures on mobile trading.
🔹Teucrium's Sal Gilbertie: XRP ETF hit $35M AUM in 10 days—CME futures are a major milestone.
CME Crypto Highlights (Q1 2025):
🔹198K daily contracts ($11.3B notional), up 141% YoY
🔹251K open interest contracts ($21.8B notional), up 83% YoY
🔹43K SOL futures traded since March launch ($705M notional)
- PR Newswire – CME Group$XRP
🔹Launch Date: May 19, 2025 (pending regulatory approval)
Contracts Offered:
• Micro (2,500 XRP)
• Standard (50,000 XRP)
🔹Settlement: Cash-settled, based on CME CF XRP-Dollar Reference Rate (set daily at 4:00 p.m. London time)
Statements:
🔹CME's Giovanni Vicioso: "XRP demand rising with institutional & retail adoption."
🔹Robinhood's JB Mackenzie: Will expand access to XRP futures on mobile trading.
🔹Teucrium's Sal Gilbertie: XRP ETF hit $35M AUM in 10 days—CME futures are a major milestone.
CME Crypto Highlights (Q1 2025):
🔹198K daily contracts ($11.3B notional), up 141% YoY
🔹251K open interest contracts ($21.8B notional), up 83% YoY
🔹43K SOL futures traded since March launch ($705M notional)
- PR Newswire – CME Group$XRP
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