The Chicago Mercantile Exchange (CME) Group, which operates the largest financial derivative exchange worldwide, recently announced that XRP (XRP) Futures contracts will live on May 19.
According to April 24 announcementInvestors have a choice of choice between micro-sized contracts, featuring 2,500 XRP, or a standard contract size of 50,000 XRP. Everything XRP futures contracts will be cash-settled.
In January 2025, the CME group signed an upcoming Launching XRP Futures Before quietly pull the related page from its website.
CME’s announcement is the latest in a growing wave of crypto-focused financial products entering the market or awaiting the approval of US regulation, a sign that cryptocurrencies have reached a new level of institutional acceptance.
Related: CME Group has tap on Google Cloud for Pilot Asset Tokenization Program
Financial institutions are driving for altcoin financial products
On March 17, Solana (Sol) futures Debuted with Chicago Mercantile Exchange. SOL contracts feature a standard contract size of 500 SOL and the more accessible micro contracts for 25 sol.
In April 2025, asset manager Canary Capital submitted an application In the United States Securities and Exchange Commission (SEC) for a staked tron (Trx) funds exchanged by the exchange (ETF).
The asset manager’s proposed ETF will hold the TRX spot but will perform a portion of the token to accumulate the yield, which, at this time of writing, is 4.5% for TRX.
On April 22, Crypto.com and the Trump Media and Technology Group (TMTG), a media conglomery partially owned by the US President, signed a deal with Launch an ETF that tracks US crypto projects.
The ETF will be launched under the Banner of Truth.fi, which is the decentralized financial project of the president of the president of the United States, and is expected to begin trading later in 2025.
There is now More than 70 Crypto ETF applications Waiting for the SEC, according to Bloomberg ETF analyst Eric Balchunas.
“Everything from XRP, Litecoin, and Solana to Penguins, Doge, 2x Melania, and all between. It would be a wild year,” Balchunas wrote in an April 21 x Post.
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