#XRPETFs
The planned XRP futures contract by CME Group will be settled in cash and based on the CME CF XRP-Dollar Reference Rate, which is calculated daily at 16:00 London time. There are two contract sizes available: a micro contract of 2,500 XRP and a standard contract of 50,000 XRP. This approach provides flexibility for institutional and retail investors in managing their exposure to XRP.
Giovanni Vicioso, Head of Global Crypto Products at CME Group, stated that interest in XRP and the XRP Ledger (XRPL) continues to grow as institutional and retail adoption expands. The launch of this futures contract is expected to provide a capital-efficient tool to support clients' investment and hedging strategies.