CME Group to Launch XRP Futures on May 19 Pending Approval

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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.

Original publication

Authors credited by the source: Helene Braun

Published by Holder based on an external source.