Close Menu
    What's Hot

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Aug. 7, 2025

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home » CME Group to Introduce XRP Futures on May 19 in Response to Increasing Institutional Demand
    Altcoin

    CME Group to Introduce XRP Futures on May 19 in Response to Increasing Institutional Demand

    By adminApr. 24, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    CME Group to Introduce XRP Futures on May 19 in Response to Increasing Institutional Demand
    CME Group to Introduce XRP Futures on May 19 in Response to Increasing Institutional Demand
    Share
    Facebook Twitter LinkedIn Pinterest Email

    CME Group Expands Digital Asset Lineup with XRP Futures Launch

    CME Group, the world’s largest derivatives marketplace, is expanding its digital asset lineup with the launch of XRP futures, set to go live on May 19, pending regulatory approval. The move reflects increasing institutional and retail interest in XRP and its underlying network, the XRP Ledger (XRPL).

    The exchange will offer two contract sizes: a micro contract representing 2,500 XRP and a larger contract representing 50,000 XRP. Both will be cash-settled, using the CME CF XRP-Dollar Reference Rate, which calculates the U.S. dollar price of XRP daily at 4:00 p.m. London time.

    Giovanni Vicioso, CME’s Global Head of Cryptocurrency Products, said the launch comes in response to “rising adoption” and a growing appetite for tools to manage risk across a broader range of crypto tokens. “These futures contracts offer clients a capital-efficient solution for hedging and exposure to XRP,” he noted.

    XRP Access Coming to Robinhood Users

    In tandem with the launch, Robinhood will make CME’s XRP futures available to its users. JB Mackenzie, Vice President and General Manager of Futures and International at Robinhood, said the integration will expand the app’s crypto offerings while making futures trading more accessible to retail investors.

    READ MORE:

    New Proposal Aims to Resolve Solana’s Inflation Dispute

    “Customers have shown growing interest in digital assets, and we’re excited to offer them more tools with the speed and precision usually reserved for institutional players,” Mackenzie said.

    Kostadin Dimitrov

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleFormer Celsius CEO Alex Mashinsky Scheduled for Sentencing Next Month
    Next Article Binance Introduces Fund Accounts for Cryptocurrency Asset Managers, Connecting with Traditional Finance

    Related Posts

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025

    Dogecoin Price Forecast: Analysts Anticipate Bullish Momentum Despite Short-term Correction Risks

    Aug. 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Altcoin Aug. 7, 2025

    Ethereum Surges Amid Institutional DemandEthereum surged 6.63% in the past 24 hours breaking above $…

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025

    Dogecoin Price Forecast: Analysts Anticipate Bullish Momentum Despite Short-term Correction Risks

    Aug. 7, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.