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Cryptocurrency News Articles
CME Group to Launch Regulated XRP Futures Contracts on May 19
Apr 24, 2025 at 11:02 pm
The move marks a major step forward for XRP's maturation as a financial asset and further underscores its growing role in institutional finance.
CME Group, the world's leading derivatives marketplace, will be offering smaller-sized futures contracts in addition to the standard sized futures contracts on the Tradeweb platform for its upcoming regulated XRP futures contracts, beginning on May 19, pending regulatory approval. The move marks a major step forward for XRP's maturation as a financial asset and further underscores its growing role in institutional finance.
CME Group's XRP futures: A new derivatives milestone
The newly announced futures will offer two contract sizes:
Both contracts will be cash-settled, based on the CME CF XRP-Dollar Reference Rate, a daily benchmark that determines the U.S. dollar price of XRP at 4:00 p.m. London time. The contracts aim to provide institutional and professional traders with capital-efficient tools to hedge exposure or express directional views on XRP.
"As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens," said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
"Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients' investment and hedging strategies."
The launch follows strong performance across CME's existing crypto suite. In Q1 2025:
CME's XRP futures will also be available to retail investors through Robinhood, which is deepening its crypto offerings. According to JB Mackenzie, VP and GM of Futures and International at Robinhood:
"Bringing CME Group XRP futures to Robinhood is a natural next step in our mission to expand retail access to futures trading. Our customers have shown a deep interest in digital assets, and they will soon be able to access an even wider variety of crypto futures to complement Robinhood's existing spot crypto offerings."
With the integration, Robinhood users will gain access to over 40 futures products, including XRP, using its proprietary mobile trading ladder.
The upcoming launch of regulated XRP futures contracts underscores the increasing maturity of the XRP markets, which bodes well for the chances of an XRP ETF being approved soon.
XRP's ecosystem sees rising institutional adoption
The XRP futures news arrives amid a wave of institutional developments for Ripple and the XRP ecosystem, highlighting broader trends in regulated crypto access and DeFi integration.
Ripple's RLUSD stablecoin went live on Aave V3
A major decentralized lending protocol, Aave V3, has welcomed the integration of Ripple's RLUSD stablecoin into its platform. This enables users to both supply and borrow RLUSD seamlessly within the trustless environment of the Aave protocol, leading to deeper liquidity provisions for the XRP ecosystem. Notably, several analysts view this development as a bullish indicator for the potential price appreciation of XRP.
HashKey launches XRP tracker fund
Hong Kong-based regulated digital asset platform HashKey has announced the launch of an XRP Tracker Fund specifically designed for institutional and qualified investors. This fund provides structured exposure to the price performance of XRP within a compliant investment vehicle, further expanding the token's footprint in Asia's regulated crypto markets.
Hidden Road receives FINRA approval
Digital asset prime broker Hidden Road, closely aligned with Ripple's institutional strategy, has secured FINRA approval. This milestone will enable Hidden Road to offer fully compliant prime brokerage services in the U.S. The move is expected to facilitate greater institutional access to XRP, with Hidden Road providing services such as deep liquidity provisioning, collateral management, and trade execution to facilitate optimal participation in the XRP markets.
XRP price prediction: Algorithm forecasts surge to $2.70
According to the XRP price prediction algorithm on CoinCodex, the popular cryptocurrency is forecasted to increase to $2.70 in the first half of May, which would be 23% higher than XRP's current price. However, the algorithm's forecast is currently very conservative when it comes to a longer time frame, as it predicts XRP to be trading at a significantly lower price three months from now. Per the prediction, XRP could hit as low as $1.60 in this time frame.
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