CME Group Launched XRP Futures A week ago
CME Group Launched XRP Futures
A week ago, the CME Group approved its first-ever XRP-linked futures. Two contracts are now available for traders to speculate with this popular cryptocurrency.
The micro contract is made up of 2,500 XRP tokens worth an approximate of $5,000 at the time of writing while the regular contract consists of 50,000 XRP tokens worth a total exceeding $100,000 each.
These new derivatives should bring in higher demand toward this cryptocurrency and could contribute to increasing its price to higher levels during bullish cycles.
A week ago, the CME Group approved its first-ever XRP-linked futures. Two contracts are now available for traders to speculate with this popular cryptocurrency.
The micro contract is made up of 2,500 XRP tokens worth an approximate of $5,000 at the time of writing while the regular contract consists of 50,000 XRP tokens worth a total exceeding $100,000 each.
These new derivatives should bring in higher demand toward this cryptocurrency and could contribute to increasing its price to higher levels during bullish cycles.
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