<ul><li>CME Group announced the launch of XRP futures on May 19, expanding its suite of cryptocurrency derivatives which already includes Bitcoin and Ethereum futures.</li><li>The XRP futures are expected to attract more institutional participants, potentially leading to increased trading volumes and improved price stability in the XRP market.</li><li>The futures will be offered in two sizes: a micro contract representing 2,500 XRP and a larger contract representing 50,000 XRP, settling based on the CME CF XRP-Dollar Reference Rate.</li><li>The XRP futures launch is subject to CFTC approval and is seen as a significant development that could pave the way for a potential XRP Exchange-Traded Fund approval by the SEC.</li></ul>

CME Group to Launch CFTC-Regulated XRP Futures on May 19

Discover more