CME Group to Launch XRP Futures on May 19, Pending Regulatory Green Light
XRP is the latest addition to CME Group’s expanding portfolio of cryptocurrency derivatives, joining established offerings like Bitcoin and Ethereum futures and options, as well as the newly introduced Solana (SOL) futures.
Here’s What You Need to Know:
CME Group, the world’s largest derivatives exchange, is preparing to roll out cash-settled XRP futures on May 19, subject to regulatory approval. This move adds to its expanding lineup of crypto derivatives and highlights the increasing institutional demand for regulated exposure to XRP.
These new futures contracts will be available in two sizes, 2,500 XRP and 50,000 XRP, giving traders flexible options based on their investment strategies. Settlements will be based on the CME CF XRP-Dollar Reference Rate, which reflects the daily XRP/USD price at 4:00 p.m. London time.
In a recent press release, CME Group emphasized its commitment to supporting innovation in the crypto space. “As the digital asset landscape evolves, we're seeing a growing appetite for regulated derivatives products across a wider range of tokens,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
“Interest in XRP and its underlying technology, the XRPL (XRP Ledger), continues to gain momentum as both institutional and retail adoption grow. These new futures contracts are designed to give our clients a capital-efficient tool for investing and managing risk,” Vicioso added.
The upcoming XRP futures launch follows CME Group’s successful introduction of Solana (SOL) futures in March, further complementing its existing Bitcoin (BTC) and Ethereum (ETH) futures and options.
As regulatory clarity improves and demand for institutional-grade crypto products rises, CME Group continues to position itself as a leader in the evolving world of digital asset trading.
