The Chicago Mercantile Exchange group (CME) is expected to launch XRP’s term contracts on May 19.
Two contract sizes will be available: a micro-contract representing 2,500 XRP and a standard contract for 50,000 XRP. This follows previous speculation in January when a CME web page referring to future XRP was briefly online and was then deleted, arousing discussions between traders.
Ripple has teamed up with global entities such as Santander, SBI Holdings and Moneygram and is involved in several Central Bank digital currency pilots. The company’s long -standing legal battle against the Securities and Exchange Commission (SEC) of the company recently concluded a regulation. Ripple’s fine increased from $ 125 million to $ 50 million, which was considered by some as a regulatory green light for new adoption. The change in the position of the dry may have contributed to CME timing for the launch of XRP’s term contracts.
Meanwhile, the wider market of cryptography continues to see developments in investment products. CME launched Solana Futures in March, with contract sizes of 25 soil and 500 soil. On the ETF front, Canary Capital filed a marked eTF, aimed at obtaining a yield of 4.5% by punctuating part of the TRX holdings.
There are now more than 70 ETF applications of cryptocurrency awaiting the dry revision, covering the assets of established chips like XRP and Solana with the same and NFT projects. Bloomberg FNB analyst Eric Balchunas commented on variety, suggesting that 2025 will be a volatile year for digital asset investment products. Robinhood confirmed that he would list the term contracts on CME XRP, further expanding access to the product for retail merchants. XRP is currently negotiated at $ 2.19, slightly down during the day.
This article contains links to third -party websites or other content for information purposes only (“third -party sites”). Third -party sites are not under the control of CoinmarketCap, and CoinmarketCap is not responsible for the content of a third -party site, including without limiting any link contained in a third -party site, or any modification or update of a third -party site. CoinmarketCap provides you with these links only as convenience, and the inclusion of any link does not imply the approval, approval or recommendation by CoinmarketCap on the site or any association with its operators. This article is intended to be used and should be used for information purposes only. It is important to do your own research and analyzes before making important decisions related to one of the products or services described. This article is not intended to be and should not be interpreted as a financial advice. The opinions and opinions expressed in this article are the possessions (of the company) of the author and do not necessarily reflect those of CoinmarketCap.
