• 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

8 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

DeAgentAI Successfully Completes Smart Contract Swap on Binance Alpha 20

chest

DeAgentAI successfully completed its 11th smart contract swap on Binance Alpha 20, leading to a significant price surge and trading volume increase.

user avatarLeo van der Veen

Arc Miner Benefits from Enhanced Stablecoin Infrastructure

chest

Arc Miner benefits from the enhanced stablecoin payment infrastructure through its partnership with Ripple Payments and Amina, aiming to improve user experience and profitability in cloud mining.

user avatarLi Weicheng

Young Hoon Kim Claims WLFI is More Valuable than Bitcoin

chest

Young Hoon Kim claims that World Liberty Financial (WLFI) is more valuable than Bitcoin, predicting a market cap of $5 billion.

user avatarAisha Farooq

Tesla Board Members Earn Over $3 Billion from Stock Options

chest

Tesla board members have collectively earned over $3 billion from stock options, significantly outpacing their peers in other tech firms.

user avatarTenzin Dorje

Maximize Your Money Market Account Returns with These Four Insider Tricks

chest

Financial experts share four strategies to enhance the efficiency of Money Market Accounts, focusing on hidden costs and operational tactics.

user avatarElias Mukuru

Significant Yield Disparities in Money Market Accounts Revealed

chest

A recent analysis reveals significant differences in yields for Money Market Accounts (MMAs), with top accounts offering rates over nine times higher than the national average.

user avatarMohamed Farouk

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.