#XRPETF
$Happycoin.club - Peter Brandt is excited about the upcoming launch of XRP (XRP) futures trading on CME Group, North America's largest derivatives market.
On May 19, the company plans to list regular and micro futures on the cryptocurrency, which will be concluded for the purchase of 50,000 and 2,500 XRP worth $109,000 and $5,450, respectively. The amount of contracts in fiat currency will be calculated once a day, according to the platform's base rate.
Interest in XRP and the XRPL blockchain on which the asset is issued has steadily increased as the level of token adoption by institutional and private clients has grown.
We are pleased to introduce new futures contracts that will provide people with a capital-efficient set of tools to implement investment and hedging strategies, - said Giovanni Viscioso, head of cryptocurrency products at CME Group.
Brandt responded to the announcement of the futures listing by writing a short message: "Wow. This is going to be fun." Naturally, most members of the crypto community are concerned about how the launch of derivatives trading will affect the XRP rate, but Peter did not comment on this matter.
Brandt published his latest XRP price forecast on April 19. The analyst indicated two targets on the chart of fluctuations in the level of market capitalization of the digital asset that could be achieved at the end of 2025. If we exclude the factor of changes in the number of coins in circulation, it turns out that Peter predicted a drop in the XRP rate to $BTC