CME Group plans to introduce futures contracts tied to cryptocurrency next month, pending regulatory clearance. The initiative marks
another expansion in CME’s push to offer regulated crypto derivatives,
following its recent Solana futures debut.
Ranked #4 with a market capitalization of $129 billion, the
announcement is yet to boost the XRP price. At the time of publication, XRP changed
hands for $2.21, representing a 6% jump in the past week.
Targeting Regulated Derivatives
“As innovation in the digital asset landscape continues
to evolve, market participants continue to look to regulated derivatives
products to manage risks across a wider range of tokens,” said Giovanni
Vicioso, Global Head of Cryptocurrency Products at CME Group.
“Interest in XRP and its underlying ledger (XRPL) has
steadily increased as institutional and retail adoption for the network grows,
and we are pleased to launch these new futures contracts to provide a
capital-efficient toolset to support clients’ investment and hedging
strategies.”
Starting May 19, trade regulated, capital-efficient futures on XRP, available in larger- and micro-sized contracts, so you can scale your exposure with greater precision and flexibility.
More on XRP futures ➡️ https://t.co/SzDtBmkG7r pic.twitter.com/BDJRzYSvTd
— CME Group (@CMEGroup) April 24, 2025
According to the announcement, the new XRP contracts will
offer two sizing options, 2,500 XRP and 50,000 XRP, for both institutional and
retail investors. Each contract will be cash-settled and based on the CME CF
XRP-Dollar Reference Rate, which captures a daily benchmark price at 4:00 p.m.
London time.
The addition of XRP futures followed rising volume across
CME’s crypto derivatives. In Q1, the company reported a 141% year-over-year
increase in daily average trading volume for crypto futures, reaching $11.3
billion in notional terms.
Institutional and Retail Momentum
JB Mackenzie, VP and GM of Futures and International at
Robinhood, confirmed that CME’s XRP contracts will soon be accessible through
Robinhood’s mobile platform. “Bringing CME Group XRP futures to Robinhood is a natural
next step in our mission to expand retail access to futures trading,” Mackenzie said, noting strong
demand for diversified crypto trading options.
This push coincides with increased capital flowing into
XRP-related products. The Teucrium 2x Daily Long XRP ETF reportedly reached $35
million in assets under management within its first 10 trading days recently.
Built to facilitate fast, low-cost cross-border transfers,
XRP’s practical use case appears to be drawing serious attention. The XRP
Ledger’s architecture enables real-world applications that are increasingly
relevant in institutional finance.
With its May 19 launch date approaching, CME Group is
positioning XRP futures as the next major step in its cryptocurrency strategy,
a calculated play to meet demand and offer sophisticated tools for a rapidly
evolving market.
CME Group plans to introduce futures contracts tied to cryptocurrency next month, pending regulatory clearance. The initiative marks
another expansion in CME’s push to offer regulated crypto derivatives,
following its recent Solana futures debut.
Ranked #4 with a market capitalization of $129 billion, the
announcement is yet to boost the XRP price. At the time of publication, XRP changed
hands for $2.21, representing a 6% jump in the past week.
Targeting Regulated Derivatives
“As innovation in the digital asset landscape continues
to evolve, market participants continue to look to regulated derivatives
products to manage risks across a wider range of tokens,” said Giovanni
Vicioso, Global Head of Cryptocurrency Products at CME Group.
“Interest in XRP and its underlying ledger (XRPL) has
steadily increased as institutional and retail adoption for the network grows,
and we are pleased to launch these new futures contracts to provide a
capital-efficient toolset to support clients’ investment and hedging
strategies.”
Starting May 19, trade regulated, capital-efficient futures on XRP, available in larger- and micro-sized contracts, so you can scale your exposure with greater precision and flexibility.
More on XRP futures ➡️ https://t.co/SzDtBmkG7r pic.twitter.com/BDJRzYSvTd
— CME Group (@CMEGroup) April 24, 2025
According to the announcement, the new XRP contracts will
offer two sizing options, 2,500 XRP and 50,000 XRP, for both institutional and
retail investors. Each contract will be cash-settled and based on the CME CF
XRP-Dollar Reference Rate, which captures a daily benchmark price at 4:00 p.m.
London time.
The addition of XRP futures followed rising volume across
CME’s crypto derivatives. In Q1, the company reported a 141% year-over-year
increase in daily average trading volume for crypto futures, reaching $11.3
billion in notional terms.
Institutional and Retail Momentum
JB Mackenzie, VP and GM of Futures and International at
Robinhood, confirmed that CME’s XRP contracts will soon be accessible through
Robinhood’s mobile platform. “Bringing CME Group XRP futures to Robinhood is a natural
next step in our mission to expand retail access to futures trading,” Mackenzie said, noting strong
demand for diversified crypto trading options.
This push coincides with increased capital flowing into
XRP-related products. The Teucrium 2x Daily Long XRP ETF reportedly reached $35
million in assets under management within its first 10 trading days recently.
Built to facilitate fast, low-cost cross-border transfers,
XRP’s practical use case appears to be drawing serious attention. The XRP
Ledger’s architecture enables real-world applications that are increasingly
relevant in institutional finance.
With its May 19 launch date approaching, CME Group is
positioning XRP futures as the next major step in its cryptocurrency strategy,
a calculated play to meet demand and offer sophisticated tools for a rapidly
evolving market.
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