CME Group to Launch XRP Futures on May 19 Pending Approval

CME Group will launch XRP futures on May 19, pending regulatory approval. Key details include:

Two contract sizes: 2,500 XRP and 50,000 XRP
Cash-settled contracts based on the CME CF XRP-Dollar Reference Rate
Rate tracks XRP's price daily at 4:00 p.m. London time

The introduction of XRP futures follows the recent launch of Solana (SOL) futures in March, alongside existing bitcoin (BTC) and ethereum (ETH) products.