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Will May 19 Trigger an XRP Rally? – Here Are the Futures Currency Pairs Launching

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According to a newly shared update, CME Group is set to launch XRP Futures on Monday, May 19, 2025. The launch, pending final regulatory clearance, is expected to provide institutional investors with structured access to XRP exposure, marking a significant step for Ripple’s native token in the derivatives market.

The new contract will represent 50,000 XRP and be financially settled in U.S. dollars, based on the CME CF XRP-Dollar Reference Rate. The trading period will open Sunday evening, May 18, and it will run on CME Globex and other compatible platforms.

Because people trade at different times worldwide, XRP Futures will likely be available to them nearly all week, keeping the price of XRP active.

Contracts are listed monthly for six months in a row, and quarterly contracts are available for up to an extra four months. Contracts end their final trading at 4:00 p.m. in London on the last Friday of the month, except if that Friday is not a regular business day.

The system guarantees that institutional traders always know the timings and ways to settle their transactions.

Also Read: XRP Could Join U.S. Reserves by 2025 as Market Bets Surge Past $500K

XRP Futures to Debut with Broad Currency Pair Access

Significantly, CME’s XRP Futures will not be limited to USD settlements alone. The coverage also includes an extensive list of XRP currency pairs, indicating CME’s strategic intent to broaden its reach across global markets.

The confirmed pairs include XRP/AUD, XRP/CAD, XRP/JPY, XRP/GBP, XRP/INR, XRP/ZAR, and XRP/BRL, among many others.

These currency pairings reflect strong interest across both established and emerging markets. XRP/CNY, XRP/KRW, and XRP/IDR suggest that CME anticipates considerable engagement from Asian markets.

At the same time, the inclusion of XRP/TRY, XRP/RUB, and XRP/MXN highlights interest from regions facing high currency volatility.

Price fluctuation controls have been specified, with a minimum tick size of $0.0005 per XRP applying to outright contracts, translating to $25 per contract. One BTIC tick and one calendar spread tick are $0.0001 per XRP, worth $5 per contract.

Their primary purpose is to ensure prices do not change often and allow for close-spread trading.

Futures will be traded on CME Globex, CME ClearPort, and BTIC from the London and New York time zones. The platforms have set certain operating hours so everyone can access them simultaneously, and maintenance work can be done at other times.

Introducing XRP Futures on May 19 could change the way XRP is traded in the future. Because of the various currency pairs and strong institutional backing, this could lead to higher trading levels and more interest in XRP before its launch.

Also Read: SEC Must Admit XRP Lawsuit Misstep to Sway Judge, Says Crypto Lawyer

The post Will May 19 Trigger an XRP Rally? – Here Are the Futures Currency Pairs Launching appeared first on 36Crypto.

7d ago
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