CME Group to Launch XRP Futures in 2025
- CME Group plans to introduce XRP futures on May 19, 2025, pending regulatory approval.
- Two contract types will be available: one for 2,500 XRP and another for 50,000 XRP.
- Contracts will be settled in fiat currency based on the CME CF XRP-Dollar index.
- The exchange previously launched crypto derivatives based on Solana.
- XRP experienced a significant price surge following the announcement.
CME Group’s upcoming launch of XRP futures highlights growing institutional interest in cryptocurrency. The contracts are set to debut in May 2025, contingent on regulatory approval, and follow the company’s previous introduction of Solana-based derivatives.
Source (2.6)https://hodl.press/cme-group-to-launch-xrp-futures-key-details/?rand=24434