📈 Does this affect the launch of XRP futures?
No. CME Group has confirmed that the launch of XRP futures contracts is still scheduled for May 19, unchanged. These contracts will be available in two sizes: standard (50,000 XRP) and micro (2,500 XRP), and will be cash-settled based on the CME CF XRP-USD reference rate.
The rejection of the settlement agreement has no direct impact on this launch, as CME futures are regulated products that do not depend on the outcome of the litigation between Ripple and the SEC. In fact, the introduction of these contracts is considered a significant step towards the integration of XRP into traditional financial markets, providing an additional tool for risk management and institutional investment.
💡 Conclusion
Although the rejection of the settlement may delay the final resolution of the case between Ripple and the SEC, it does not affect the launch of XRP futures contracts at CME. This event marks an important milestone for XRP, offering new opportunities for institutional investors and strengthening its position in the financial ecosystem.