CME Group has announced the upcoming launch of $XRP futures on May 19, subject to regulatory clearance. The new offering adds to its growing lineup of crypto derivatives, which already includes $BTC , ether and, more recently,$SOL futures.
Traders will be able to choose between two XRP contract sizes: a micro contract representing 2,500 XRP and a larger 50,000 XRP contract. Both contracts will be cash-settled and priced using the CME CF XRP-Dollar reference rate.
Interest in XRP has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to support clients’ investment and hedging strategies,” said Giovanni Vicioso, Global Head of cryptocurrency products at CME Group.
