Key notes
- Derivative Marketplace CME Group will launch XRP’s term contracts on May 19, pending regulatory approval.
- Contracts are available in two sizes, in cash with a daily reference rate.
- Other companies such as Proshares have deposited for three ETF XRP to USSEC.
The global CME Group derivative market has confirmed the addition of Futures XRP to its list of cryptocurrency derivatives.
The launch is scheduled for May 19, pending the green light from regulators. This recent development is part of the continuous effort of the company to meet the growing demand for investors looking for alternatives on the digital asset market.
Details on new XRP term contracts
According to the CME group, XRP’s term contracts will be available in two contract sizes. As detailed, one will cover 2,500 XRP while the other will be much larger, representing 50,000 XRP.
It should be mentioned that the two contracts will be contracted in money. Prices will be based on the CME CF XRP-Dollar reference rate, a daily benchmark calculated at 4:00 p.m. London time.
This rate reflects the value of XRP in US dollars and is used to provide a coherent and fair settlement process. This addition will extend the existing digital asset offers from the CME group.
CME Group announced today its intention to launch XRP’s term contracts on May 19, awaiting regulatory review. Market players will have the choice to exchange both a micro -size contract (2,500 XRP) and a larger contract (50,000 XRP). XRP Futures will join the continuation of Crypto products from the company…
– Wu Blockchain (@wublockchain) April 24, 2025
The CME Group Exchange is currently providing future future and options for the most important, Bitcoin and Ethereum cryptocurrencies. He also widened his crypto offers with the launch of Fola (ground) future. With XRP now added to the range, CME is ready to provide traders with a wider range of tools to manage their exposure to digital assets.
Since entering the digital asset ecosystem, the exchange has recorded a coherent increase in interest in its cryptographic products. In the first quarter of 2025, the average daily volume of term contracts on cryptography was 198,000 contracts. This represents a notional value of $ 11.3 billion, showing strong growth from year to year.
Open interests have also reached an average of 251,000 contracts, or $ 21.8 billion in notional value. Future Sol, which began to negotiate in mid-March, recorded more than 43,000 negotiated contracts, with a total notional value of $ 705 million.
Increasing demand for regulated XRP offers
CME Group’s decision to offer XRP reveals the growing role of regulated financial instruments in digital asset trading. Based on the feeling of the market, while more and more investors are looking for alternatives for BTC and ETH, exchanges react by introducing products related to other tokens.
XRP, the cryptocurrency associated with Ripple Labs, drew attention to its practical use in financial transactions. Its speed and low cost made it popular among everyday users and institutional investors.
With the inclusion of XRP, the CME group widens access to long -term trading in an evolving space. This also indicates that traditional financial institutions pay particular attention to how digital assets can adapt to traditional wallets.
In addition to the announcement by CME Group of the launch of Futures XRP, the digital asset made the headlines recently after the conclusion of the Ripple vs dry case. The regulation with the American Commission for Securities and Exchange has undoubtedly renewed confidence in the position of XRP, opening the way to an increase in institutional interests.
Coinspeaker noted earlier than Proshares had joined the race for the ETF XRP. In a recent deposit of the SEC, the company revealed its intention to launch three ETFs based on future XRP. This decision indicates growing competition and more competitive investment appetite in the XRP space.
following
Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.
