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Robinhood Adds XRP, Solana to Micro Futures Lineup After Major Crypto Acquisitions

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Robinhood has launched new micro futures contracts for XRP and Solana in the U.S.
  • Robinhood has launched micro futures contracts for XRP and Solana.
  • It allows traders to access crypto derivatives with lower capital requirements.
  • The move builds on its existing futures products for Bitcoin and Ethereum, introduced earlier this year.

Robinhood has expanded its crypto derivatives lineup by launching new micro futures contracts for XRP and Solana (SOL), in addition to Bitcoin. 

This new product provides retail investors with access to crypto futures trading, offering significantly lower capital requirements and opening the door to more flexible and affordable ways to speculate on crypto assets.

The launch was made official in the U.S. on Friday. It builds on Robinhood’s initial foray into crypto futures, which began in January with products for Bitcoin (BTC) and Ethereum (ETH).

Related: Robinhood Europe Expands Crypto Access with ALGO & ONDO: Token Price Analysis & Short-Term Outlook

What Are Micro Futures?

Micro futures are smaller versions of standard futures contracts. They allow everyday traders to bet to bet on the price movements of an asset without requiring large amounts of collateral. This form reduces entry barriers for…

The post Robinhood Adds XRP, Solana to Micro Futures Lineup After Major Crypto Acquisitions appeared first on Coin Edition.

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