XRP Futures Start Trading on CME

May 19, 2025-Spot XRP ETFs are only a matter of time, according to one industry expert.
CME began trading regulated XRP futures on Monday, the first of their kind in the U.S.
The contracts are cash-settled and priced off a daily reference rate, with sizes of 2,500 and 50,000 XRP.
The launch may support efforts to list a spot XRP ETF, which remains under SEC review.

XRP futures started trading on the Chicago Mercantile Exchange's (CME) derivatives platform on Monday, becoming the first regulated futures tracking the price of XRP in the U.S.

Traders can trade two contract sizes: 2,500 XRP and 50,000 XRP, which will both be cash-settled and based on the SME CF XRP-Dollar Reference Rate, which tracks the price of XRP daily at 4:00 p.m. London time.

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Source: cryptoslate.com