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 (2,500 XRP) and large contracts (50,000 XRP), both cash-settled and anchored to the CME CF XRP-U.S. Dollar 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 a significant milestone for Hidden Road and marks the ongoing adoption of digital assets by institutions.
