The Chicago Mercantile Exchange (CME) Group has announced that it will launch XRP futures contracts on May 19, 2025. Initially, there was speculation in January 2025 about the launch, but that information was retracted at the time. The futures will offer investors the option of micro-sized contracts for 2,500 XRP or standard contracts of 50,000 XRP, all of which will be cash-settled. This move signifies a growing acceptance of cryptocurrencies by institutional investors amid a wave of crypto-focused financial products emerging in the market. Additionally, the CME's announcement follows the recent launch of Solana futures and an application for a staked Tron ETF by asset manager Canary Capital. The recent trends indicate a significant increase in institutional interest in cryptocurrencies, and the upcoming XRP futures contracts are expected to be a pivotal addition to the crypto derivatives market.

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