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CME Group Expands Cryptocurrency Offerings with XRP and SOL Futures

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by Filippo Romano

2 hours ago


The Chicago Mercantile Exchange (CME) has taken a significant step in the cryptocurrency market by launching SpotQuoted futures for XRP and SOL. This move is part of CME's ongoing efforts to broaden its digital asset offerings and cater to the evolving needs of traders. According to the results published in the material, this initiative is expected to enhance liquidity and provide more trading options for market participants.

Введение новых фьючерсных контрактов

Giovanni Vicioso, the Global Head of Cryptocurrency Products at CME Group, emphasized that these new futures contracts are intended to complement the already established SpotQuoted futures for Bitcoin and Ethereum. By introducing XRP and SOL futures, CME aims to provide traders with more options and flexibility in their trading strategies.

Преимущества SpotQuoted фьючерсов

The SpotQuoted futures are designed to enhance trading precision and eliminate the necessity for rolling positions, which can often complicate trading for everyday investors. This innovation is expected to improve market accessibility, allowing a wider range of traders to participate in the cryptocurrency market with greater ease.

The recent launch of altcoin ETFs in the U.S. has led to remarkable net inflows for XRP, highlighting a shift in investor interest. For more details, see XRP ETFs Inflows.

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