$XRP According to the announcement, the new XRP contracts will offer two size options, 2,500 XRP and 50,000 XRP, for institutional and retail investors. Each contract will be settled in cash and based on the CME CF XRP Dollar reference rate, which captures a daily reference price at 4 PM London time.

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