CME listed XRP futures first day turnover reached 19 million US dollars
2025-05-20 19:02:05
CME Group launched XRP futures on Sunday, its fourth cryptocurrency product after Bitcoin, Ethereum and Solana. CME said the first day of nominal trading volume exceeded $19 million. XRP futures offer both micro contracts (2500 XRP) and large contracts (50,000 XRP), both settled in cash and anchored to the CME CF XRP - US dollar reference rate. Solana futures went live in March with a first-day turnover of $12.30 million. Noel Kimmel, president of Hidden Road, which cleared the first XRP futures trade, said: "This is an important milestone for Hidden Road and marks the continued institutional adoption of digital assets."
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