XRP Bullish Bets In Derivatives Market Surge As CME Group Announces Futures Offering - CME Group (NASDAQ:CME)
- CME Group scheduled the introduction of cash-settled XRP futures for May 19, 2025, contingent on regulatory clearance.
- The introduction follows strong growth in CME's existing cryptocurrency derivatives and increasing institutional demand.
- The marketplace will offer contracts in two sizes, providing investors exposure without directly holding the token.
- Giovanni Vicioso stated market participants seek regulated products to manage risks across digital assets.
- This development expands access for investors and aligns with surging bullish sentiment seen in XRP derivative trading data.
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XRP Bullish Bets In Derivatives Market Surge As CME Group Announces Futures Offering - CME Group (NASDAQ:CME)
Derivatives traders aggressively bet on XRP's (CRYPTO: XRP) price increase amid the announcement of the coin's futures contracts on CME Group Inc. (NASDAQ:CME) on Thursday. What happened: More than 70.73% of traders on Binance with an open XRP position were positioned long, up from 67.57% a week ago, according to Coinglass. It indicated that the number of individuals holding long positions in XRP was 2.42 times higher than those holding short po…
Ripple CEO Hails XRP Futures As A Major Milestone Ahead Of CME's Launch - FinanceFeeds
Brad Garlinghouse, CEO of Ripple, has characterized the forthcoming XRP futures launch on the Chicago Mercantile Exchange (CME) as a “watershed moment” for both Ripple and the larger crypto market. This progress is seen as a major step towards mainstream adoption as well as a strong sign of increasing institutional curiosity in XRP. XRP Futures Arrive at CME Adding to its current portfolio of Bitcoin and Ethereum futures, the CME Group, regarded…
Derivatives Giant CME Group to Launch XRP Futures Next Month
CME Group is launching new futures contracts based on the payments altcoin XRP. The derivatives marketplace giant says in a new announcement that it will be rolling out a micro-sized XRP-based futures contract worth 2,500 XRP and a larger-sized one worth 50,000 XRP. The launch date is scheduled for May 19th, but the firm notes... The post Derivatives Giant CME Group to Launch XRP Futures Next Month appeared first on Daily Truth Report • DailyTru…
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