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CME Group to Launch XRP Futures on May 19, Backed by Robinhood Support

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The world’s largest derivatives marketplace, CME Group, has announced plans to launch XRP futures on May 19, 2025, marking another strategic move into the cryptocurrency space. The offering is currently pending regulatory approval but has already generated buzz among investors and industry analysts.

Expanding Crypto Derivatives With XRP

CME Group’s XRP futures will include both micro and standard-sized contracts—2,500 XRP and 50,000 XRP, respectively. These new futures will be cash-settled, using the CME CF XRP-Dollar Reference Rate, which is calculated daily and settles at 4:00 p.m. London time.

The addition of XRP to CME’s growing roster of crypto derivatives follows the firm’s successful launches of Bitcoin and Ethereum futures, as well as a recent debut of Solana (SOL) futures just weeks ago. Giovanni Vicioso, CME Group’s global head of cryptocurrency products, noted the increasing adoption of XRP’s underlying ledger among both institutional and retail participants.

“We are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies,” Vicioso said.

Robinhood to Support the XRP Futures Rollout

In tandem with CME’s announcement, Robinhood has confirmed it will support the upcoming XRP futures contracts. JB Mackenzie, Vice President and General Manager at Robinhood, stated that the partnership aligns with the company’s goal to expand retail access to futures trading.

“Our customers have shown a deep interest in digital assets,” Mackenzie commented. “Bringing CME Group XRP futures to Robinhood is a natural next step.”

Robinhood plans to broaden its futures product lineup to over 40 offerings, suggesting that XRP’s inclusion is part of a broader strategy to attract crypto-savvy retail traders.

What It Means for XRP and the Market

The move could signal growing institutional confidence in XRP and Ripple’s ecosystem. As regulatory clarity continues to evolve, especially in the U.S., tools like futures contracts may help legitimize XRP’s place alongside Bitcoin and Ethereum as a tradable asset in mainstream finance.

While price impact remains uncertain, increased accessibility through structured products like these often leads to greater liquidity and price discovery—elements that are crucial in maturing markets.

As the May 19 launch date approaches, all eyes will be on how these XRP futures are received—and whether they’ll push the token into a new era of institutional interest.

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