Amid the US SEC’s delayed decision on the spot XRP ETF, a futures one is all set to launch on May 19, 2025. Recently, the derivatives marketplace, CME Group, announced the plans for a Ripple token-based futures exchange-traded fund. Although it is not the desired spot ETF, investors are eyeing this launch for liquidity and to potentially influence the SEC’s decision. Can it also beat the debuts of ETH and BTC futures ETF? Let’s discuss. CME XRP Futures ETF Launch Confirmed CME Group’s XRP Futures ETF will go live on May 19, based on the CME CF XRP-Dollar Reference Rate. Interestingly, it will be launched in two contract sizes, one being a micro-sized contract of 2,500 XRP and the other larger-sized with 50,000 XRP. The Global Head of Cryptocurrency Products at CME Group, Giovanni Vicioso, acknowledged the rising demand for the Ripple token among institutional and retail buyers. More importantly,... Read More at Coingape.com
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