CME Group to Launch XRP Futures Amid Rising Demand for Regulated Crypto Products

CN
2 hours ago

XRP Futures to Expand CME Group’s Crypto Derivatives Lineup

CME Group has announced the upcoming launch of XRP futures on May 19, subject to regulatory clearance. The new offering adds to its growing lineup of crypto derivatives, which already includes bitcoin, ether, and, more recently, solana futures.

Traders will be able to choose between two XRP contract sizes: a micro contract representing 2,500 XRP and a larger 50,000 XRP contract. Both contracts will be cash-settled and priced using the CME CF XRP-Dollar reference rate.

“Interest in XRP has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to support clients’ investment and hedging strategies,” said Giovanni Vicioso, Global Head of cryptocurrency products at CME Group.

The addition of XRP comes at a time of growing institutional interest in regulated crypto products. CME’s crypto futures and options saw strong Q1 performance, with an average daily volume of 198,000 contracts, equivalent to $11.3 billion in notional value, and open interest topping $21.8 billion.

Following the successful debut of SOL futures in March, which recorded over 43,000 contracts traded, CME is positioning itself to meet the expanding demand for diverse digital asset exposure within traditional financial markets.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

HTX:注册并领取8400元新人礼
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink