CME Group announced it will introduce XRP futures on its derivatives marketplace next month. The new offering will allow clients to trade a micro-sized contract of 2,500 XRP and a larger-sized contract of 50,000 XRP. XRP, currently the fourth largest cryptocurrency by market cap, was trading at $2.19 per coin after a 4% decline. CME Group is recognized as the world's largest derivatives marketplace, and futures contracts enable investors to buy or sell underlying assets at predetermined prices on set expiration dates. This introduction follows the launch of Solana futures last month, signaling CME's continued expansion into the cryptocurrency market. The article notes rising institutional interest in Bitcoin and highlights the recent return of nearly $5 million by a hacker from an Ethereum scaling protocol exploit. Overall, CME's move signifies ongoing developments in the crypto landscape and institutional engagement in cryptocurrency products.

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