• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Launch of XRP Futures by CME Group: A New Step Towards Ripple's Institutionalization

Launch of XRP Futures by CME Group: A New Step Towards Ripple's Institutionalization

user avatar

by Giorgi Kostiuk

7 months ago


CME Group, a leading global derivatives operator, has announced the launch of futures contracts on Ripple (XRP). This decision could significantly increase XRP's price and reaffirm its position in traditional financial markets.

Launch of Futures Contracts on Ripple

On May 19, 2025, CME Group will launch its first futures contracts on XRP, confirming its intention to integrate this cryptocurrency into traditional financial markets. Investors will be offered two contract formats:

* Micro contracts of 2,500 XRP * Standard contracts of 50,000 XRP.

All contracts will be cash-settled in dollars, eliminating the need for investors to manage digital assets.

Impact on XRP Price

The launch of these futures contracts opens the doors to a new wave of institutional investors. By lowering entry barriers, the CME Group enables funds and large companies to invest in Ripple without directly holding the cryptocurrency. Currently priced around $2.208, XRP is expected to experience significant appreciation as early as the end of May. Analysts foresee a technical target between $2.80 and $3.20 by the end of June, possibly testing $3.50 in July.

Ripple's Future in the Financial Market

The launch of CME futures on Ripple marks a key milestone for the cryptocurrency. This initiative could boost Ripple's institutional appeal and brings XRP closer to the status already held by Bitcoin and Ethereum. With Ripple recently dethroning Bitcoin in trading volume in India, its future looks promising in major financial arenas.

In conclusion, the launch of futures contracts on Ripple by CME Group opens new opportunities for institutional investors and has the potential to significantly elevate XRP's value in the financial market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Loyal Miner Promotes Green Energy in Cloud Mining

chest

Loyal Miner emphasizes its commitment to using green energy sources for its mining operations, enhancing sustainability.

user avatarGustavo Mendoza

Shiba Inu Burn Rate Increases by 248%

chest

Shiba Inu burn rate surged by 248% in 24 hours, with 1.428 million SHIB removed from circulation.

user avatarRajesh Kumar

CEP Shareholders Approve Merger with Twenty One Capital

chest

On December 3, shareholders of CEP approved a business merger with Twenty One Capital, paving the way for the company's initial public offering.

user avatarMiguel Rodriguez

Twenty One Capital Prepares for IPO Amid Bitcoin Concerns

chest

Twenty One Capital is preparing for its IPO in the US on December 9, moving 43,500 BTC into escrow, raising concerns about potential selling pressure on Bitcoin.

user avatarLuis Flores

Terra Luna Token Surges Following Successful Upgrade

chest

The Terra Luna token has seen a remarkable rise following the successful rollout of the Terra Chain v218 upgrade on December 8.

user avatarArif Mukhtar

Significant LUNC Token Burns Boost Terra Ecosystem Sentiment

chest

The sentiment around the Terra ecosystem has been significantly boosted by a sharp increase in LUNC token burns.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.