XRP Futures Launches on CME: A New Beginning for Crypto Investing!

Jakarta, Pintu News – On May 19, Ripple (XRP) futures contracts were officially traded on CME Group’s derivatives platform. The first trading session recorded a trading volume of $1.5 million, marking an important step for the token in the institutional investment arena.

Promising Debut at CME Group

Preliminary data from CME Group shows that four standard Ripple (XRP) contracts with each contract representing 50,000 XRP were traded. The nominal volume of these trades amounted to approximately $480,000 at an average price of $2.40 per XRP. Additionally, trading activity was further dominated by 106 micro contracts, with each contract representing 2,500 XRP, which added over $1 million in additional volume.

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Regulations and their Impact on the Market

The classification of Ripple (XRP) as a commodity by the Commodity Futures Trading Commission (CFTC) has paved the way for CME to offer this product. Ripple CEO, Brad Garlinghouse, stated via X that the launch of the regulated Ripple (XRP) futures contract is an important milestone for the institution. Additionally, Hidden Road has reportedly made its first block trade, marking the start of a new era in Ripple (XRP) trading.

Potential Impact on Ripple ETF (XRP)

Market analysts indicate that the successful debut of the Ripple (XRP) futures contract at CME could strengthen the argument for the launch of a spot Ripple (XRP) ETF in the future. Nate Geraci, president of ETF Store, stated that the emergence of a Ripple (XRP)-based ETF product is only a matter of time. This shows the significant growth potential for Ripple (XRP) in attracting more institutional investment.

Cover: Bright Future for Ripple (XRP)

While the trading volume on day one may look modest, the presence of Ripple (XRP) on the CME expanded the market dynamics for this token in terms of price discovery. This is similar to how Bitcoin (BTC) and Ethereum (ETH) futures trading influenced price action when the US markets opened. With this move, Ripple (XRP) further cements its position in the global financial market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coindesk. XRP Futures Rack Up $15M Trading Volumes on CME Debut. Accessed on May 20, 2025
• Featured Image: VOI