The Chicago Mercantile Exchange (CME) has officially launched XRP futures trading, marking a significant development in the crypto derivatives market.

Key Highlights:

Launch Date: May 2025

Product Type: Micro XRP futures

Contract Size: Each futures contract represents 10,000 XRP

Pricing Basis: Settled in cash, based on the CF Benchmarks XRP-Dollar Reference Rate

Trading Venue: CME’s cryptocurrency derivatives platform

Significance:

Market Legitimacy: XRP joins Bitcoin and Ethereum as one of the few cryptocurrencies with futures traded on a major U.S. exchange.

Institutional Access: Provides institutional investors with regulated exposure to XRP, enhancing liquidity and risk management options.

Regulatory Implications: Signals growing confidence in XRP’s legal clarity, especially following Ripple’s partial court victory over the SEC.

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