XRP futures contracts began trading on CME Group’s derivatives platform on May 19, recording at least $1.5 million in trading volume during the first session, a modest but notable debut for the major token. CME data shows 4 standard contracts (each representing 50,000 XRP) traded on day one, totaling around $480,000 in notional volume at an average price of $2.40. The majority of activity came from 106 micro contracts (2,500 XRP each), accounting for over $1 million in additional volume. The contracts are cash-settled and benchmarked to the CME CF…
Tag: Futures
CFTC-Regulated Futures Begin Trading in U.S.
XRP futures started trading on the Chicago Mercantile Exchange’s (CME) derivatives platform on Monday, becoming the first regulated futures tracking the price of XRP in the U.S. Traders can trade two contract sizes: 2,500 XRP and 50,000 XRP, which will both be cash-settled and based on the SME CF XRP-Dollar Reference Rate, which tracks the price of XRP daily at 4:00 p.m. London time. CME already offers bitcoin , ethereum and solana futures as well as bitcoin and ethereum options. The Group’s SOL futures, which launched in mid-March, had only…
CME Launches XRP Futures Today — XRP Price Set to Move?
Key Notes CME Group will launch two cash-settled XRP futures contract sizes on May 19. Analysts say the ETF could help increase institutional exposure and liquidity. Market participants opine that the launch may influence the US. SEC to greenlight a spot XRP ETF. Today’s planned launch of the CME Group XRP futures is already drawing attention from investors and analysts. With XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B seeing growing interest from institutional buyers, many market participants believe this development could mark a…
Dogecoin Price Tops Tend To Follow Surges In Retail Futures Activity, Analysis Shows
Dogecoin (DOGE) is up 48.7% over the past month, as the broader crypto market rallies amid easing concerns over a potential global tariff war. Although the leading memecoin has posted impressive gains recently, analysts believe there may still be room for DOGE to climb before reaching a cycle top. Analyst Identifies Signal That May Predict Dogecoin Top According to a recent CryptoQuant Quicktake post by contributor burakkemeci, DOGE price tops often align with a surge in retail futures trading activity. The analyst shared the following chart illustrating the relationship between…
Synthetix and Derive Plan Merger to Boost Crypto Futures
Key Notes The proposed Synthetix takeover is valued at $27 million at a SNX-for-DRV token swap of 27:1. SNX price has reacted positively to the news with potential for more breakout. Beyond Synthetix, Robinhood has also acquired WonderFi as crypto M&A heats up. Derivatives liquidity protocol Synthetix is preparing to acquire Derive, a decentralized options protocol formerly called Lyra. As outlined in the Synthetix Improvement Proposal (SIP-415), the proposed valuation of this acquisition is $27 million and will be achieved via an SNX-for-DRV token swap. Details of Synthetix Acquisition Plan…
Coinbase Pioneers 24/7 Crypto Trading for Bitcoin and Ethereum US Futures
Coinbase has launched 24/7 trading for bitcoin and ethereum futures, becoming the first CFTC-regulated exchange in the U.S. to offer continuous access to leveraged crypto futures. This initiative enables traders to manage risk and seize opportunities in real-time, reflecting the always-on nature of the crypto markets. U.S. Traders Gain Uninterrupted Access to Crypto Futures with […] Original
Coinbase to launch 24/7 Bitcoin and Ethereum futures trading in U.S.
Coinbase has launched 24/7 Bitcoin and Ethereum futures trading for U.S. users through its CFTC-regulated arm, Coinbase Derivatives, marking a first in the regulated U.S. derivatives market. Starting May 9, traders can now access crypto futures around the clock, including weekends, offering constant execution and risk management capabilities. This development arrives just one day after Coinbase announced its $2.9 billion acquisition of crypto derivatives exchange Deribit, reinforcing its ambitions in the global derivatives market. The round-the-clock futures product — available to both retail and institutional users — brings regulated crypto…
Brazil’s B3 to Launch Solana and Ethereum Futures June 16
Key Notes Brazil’s B3 Exchange is set to launch Ethereum and Solana futures contracts on June 16, 2025. Each contract will be settled in USD, with sizes set at 0.25 ETH and 5 SOL. The move is designed to attract institutional investors and enhance crypto market liquidity. Brazilian stock exchange B3 has announced plans to launch Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B and Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B Futures products in the…
Brazil’s B3 to launch Ethereum and Solana futures, cuts Bitcoin contract size
Brazil’s main stock exchange, B3, will begin offering Ethereum and Solana futures contracts on June 16, expanding its crypto derivatives lineup beyond Bitcoin. The move comes after approval from the Brazilian Securities and Exchange Commission and is part of a broader push to make digital asset investment more accessible to institutional and retail players. Unlike the existing Bitcoin (BTC) futures, which are priced in Brazilian reais, the new Ethereum (ETH) and Solana (SOL) contracts will be denominated in U.S. dollars. The Ethereum contract will be based on 0.25 ETH and…
Brazil’s B3 Stock Exchange to Launch Ether and Solana Futures
B3 will launch these new futures on June 16, opening new investment avenues for institutional buyers seeking crypto asset diversification. The bourse also announces changes to bitcoin futures to increase the accessibility of these products, given bitcoin’s recent price hike. Brazilian B3 Announces Solana, Ether Futures Launch; Reduces Bitcoin Futures’ Contract Price The Brazilian Stock […] Source