CME Launches XRP Futures, Offering New Opportunities for Institutions

CME Group is launching XRP futures contracts on May 19th, bringing a significant step forward in institutional adoption of the cryptocurrency. The launch introduces two contract sizes: micro (2,500 XRP) and standard (50,000 XRP), catering to the diverse needs of hedging strategies and direct exposure for institutions. This move marks CME’s expansion into the crypto space, further diversifying its offerings alongside Bitcoin, Ether, and Solana futures. The launch is particularly significant as it signals growing trust in XRP’s utility despite ongoing regulatory challenges.