CME Group for starting XRP futures in May – Cryptomode
Group CME, the world’s leading derivative market, will add XRP to the assortment of the Codable Current Currency Futures on May 19, according to the organizational approval.
This step reflects a wider direction in the increasing institutional demand for encryption through traditional financial infrastructure. New future contracts will be presented in sizes: small contracts with 2500 XRP and standard contracts of 50,000.
Starting May 19, trade and capital savings contracts are organized on XRP, available in larger contracts and small size, so that you can expand your exposure scope with more accuracy and flexibility.
More for futures xRP
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CME (CMEGroup) Group April 24, 2025
Both will be surrounded by criticism, using the CME CF XRP-Dollar reference rate, which provides a daily standard for XRP in US dollar at 4:00 pm London time, according to press release. The addition is the latest expansion of CME’s Crypto offers, which already includes futures and Bitco and ETHER options, as well as recently launched futures.
According to CME, trading sizes in the Crypto Futures wing increase. The average daily size in the first quarter reached 198,000 contracts-hostile to $ 11.3 billion in the virtual value-up to 141 % on an annual basis. The open interest also increased by 83 % during the same period.
Giovanni Vicoso, head of CEM Currency products at CME, said that the interest of Ripple symbol across the border has grown as well as the adoption of the Professor XRP-is a set of fast and medium-cost transactions and use of payments across the border.
We are pleased to launch these new future contracts to provide a group of capital providers to support and undermine customer investment strategies.
CME’s XRP futures will be available for retail investors
Retamentation traders will also access. Robinhood, which already offers Crypto Spot Trading, has announced plans to list CME futures for CME, allowing users to trade them through a mobile phone platform.
JB Mackeenzie, who leads the company’s and international futures, described it as the “next natural step” where retailers are looking for advanced tools that professionals usually use.
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The presence of the growing symbol in traditional financing is also evident in the ETF market. Sal Gilbertie, CEO of Teucrium, noted that ETF Teucrium 2x Daily XRP ETF amounted to $ 35 million of assets during the first 10 trading days.
Other Ripple News
Recently, XRP has unveiled what could have been a major security breach through the Ledger Ecosystem XRP system.
As Cryptomode said, it was the AIKIDO security company that found weakness, saying that the attackers had introduced a harmful symbol in the open source network library, which was used by hundreds of thousands of web sites and applications connected to the ecosystem.
According to data from Coingecko, the distinctive symbol is currently trading at $ 2.21, with 1.4 % in the past 24 hours. The distinctive symbol has increased by more than 13.6 % in the last two weeks, after the last gathering in the encryption market.