5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025
The post 5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025 appeared on BitcoinEthereumNews.com. The fourth biggest cryptocurrency of the market, XRP, is up for a major milestone, as the Chicago Mercantile Exchange group (CME) is set to launch XRP futures on May 19, 2025. CME is the world’s largest derivative market, so this decision could bring a lot of opportunity for the altcoin, especially as the XRP price attempts recovery from the earlier crash. Before CME launches the futures, let’s discuss key details around it. 5 Not-to-Miss Things About CME Group XRP Futures The official XRP futures launch is just days away, but the hype is rising even now. It is the first ever introduction of the Ripple token on one of the biggest traditional financial systems around the world. Interestingly, these contracts are cash settled, which means that the users would not actually have to hold XRP. Instead, they would simply bet on the XRP price movement and settle the trade with normal currency (U.S. Dollar). It will be in two different versions, allowing investors to choose according to their capabilities. One includes the standard CME group XRP futures (XRP), where the contract size is 50,000 XRP per contract. And the other is a Micro one (MXP), having 25,00 XRP per contract. The latter one is more accessible for the smaller traders. Another thing to note is that the prices will be tracked on CME’s own XRP-Dollar Reference Rate, published at 4 p.m. daily, London time. The Global Head of Crypto Products at CME, Giovanni Vicios, claims that this decision is made considering the rising institutional and retail demand for the Ripple token product. Recently, Teucrium launched a 2x XRP ETF. Even Robinhood is considering plans to introduce Ripple futures on its platform. More importantly, this launch is part of the Chicago Mercantile Exchange group’s bigger plan, expanding into more altcoin derivatives.…
The post 5 Things to Know About XRP Futures Before CME Launches Them on May 19, 2025 appeared on BitcoinEthereumNews.com.
The fourth biggest cryptocurrency of the market, XRP, is up for a major milestone, as the Chicago Mercantile Exchange group (CME) is set to launch XRP futures on May 19, 2025. CME is the world’s largest derivative market, so this decision could bring a lot of opportunity for the altcoin, especially as the XRP price attempts recovery from the earlier crash. Before CME launches the futures, let’s discuss key details around it. 5 Not-to-Miss Things About CME Group XRP Futures The official XRP futures launch is just days away, but the hype is rising even now. It is the first ever introduction of the Ripple token on one of the biggest traditional financial systems around the world. Interestingly, these contracts are cash settled, which means that the users would not actually have to hold XRP. Instead, they would simply bet on the XRP price movement and settle the trade with normal currency (U.S. Dollar). It will be in two different versions, allowing investors to choose according to their capabilities. One includes the standard CME group XRP futures (XRP), where the contract size is 50,000 XRP per contract. And the other is a Micro one (MXP), having 25,00 XRP per contract. The latter one is more accessible for the smaller traders. Another thing to note is that the prices will be tracked on CME’s own XRP-Dollar Reference Rate, published at 4 p.m. daily, London time. The Global Head of Crypto Products at CME, Giovanni Vicios, claims that this decision is made considering the rising institutional and retail demand for the Ripple token product. Recently, Teucrium launched a 2x XRP ETF. Even Robinhood is considering plans to introduce Ripple futures on its platform. More importantly, this launch is part of the Chicago Mercantile Exchange group’s bigger plan, expanding into more altcoin derivatives.…
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