The Chicago Mercantile Exchange (CME) Group, a leading global financial derivatives exchange, has announced the launch of XRP futures contracts on May 19. Investors can choose between micro-sized contracts with 2,500 XRP or standard contracts with 50,000 XRP, all of which will be cash-settled. This move follows the CME Group’s previous indication of launching XRP futures in January 2025. The introduction of XRP futures by CME Group reflects a growing trend of crypto-focused financial products entering the US market, signaling increased institutional acceptance of cryptocurrencies. Additionally, Solana (SOL) futures recently debuted on the Chicago Mercantile Exchange, offering standard contract sizes of 500 SOL and micro contracts for 25 SOL. In another development, Canary Capital has filed an application with the US Securities and Exchange Commission for a staked Tron (TRX) exchange-traded fund (ETF). The proposed ETF will hold spot TRX tokens while staking a portion to generate yield. Furthermore, a partnership between Crypto.com and the Trump Media and Technology Group (TMTG) aims to launch an ETF tracking US crypto projects under the Truth.Fi banner, a decentralized finance initiative by former US President Trump. With over 70 crypto ETF applications awaiting SEC review, the market is seeing a surge in interest from financial institutions. Bloomberg ETF analyst Eric Balchunas highlighted the diverse range of assets, including XRP, Litecoin, Solana, and even meme coins like Dogecoin, awaiting regulatory approval for ETFs. The rise of altcoin financial products indicates a shift towards mainstream adoption of digital assets in traditional financial markets.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chicago Mercantile Exchange (CME) Group, a leading global financial derivatives exchange, has announced the launch of XRP futures contracts on May 19. Investors can choose between micro-sized contracts with 2,500 XRP or standard contracts with 50,000 XRP, all of which will be cash-settled. This move follows the CME Group’s previous indication of launching XRP […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/109787"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=109787"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/109787\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=109787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=109787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=109787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}