You Won’t Believe What CME Group Is Doing With XRP Futures!

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Hold on to your wallets, folks! The CME Group, that massive Chicago-based derivatives powerhouse, has just announced that it’s about to launch XRP futures. Yes, you read that right. XRP. As if we didn’t have enough crypto chaos already, now we’re going to have the thrill of betting on its future.

The much-anticipated product is scheduled to hit the market on May 19, assuming it doesn’t get stuck in regulatory limbo—because who doesn’t love a good last-minute approval, right? 😏

Giovanni Vicioso from CME Group assures us that XRP has been drawing a “flood of interest” from both retail and institutional investors. Because, apparently, the world needs more ways to gamble on digital coins that can plummet faster than a teenager’s self-esteem on prom night.

If you’re thinking, “Wow, this is groundbreaking!”—well, you might want to hold your applause. Earlier this year, Bitnomial and Coinbase Derivatives launched their own regulated futures in the U.S. Maybe you’ve heard of them? Or, maybe you haven’t, since their debut was as exciting as a soggy toast at breakfast. 🥱

And let’s not forget the Solana (SOL) futures that CME rolled out in March. Those did about as well as a diet soda at a barbecue. Underwhelming is an understatement. Seriously, I’ve seen more energy at a sloth convention.

Oh, and in case you’re wondering about XRP’s performance, don’t get too excited. It’s down 4.3% in the last 24 hours. Maybe people are just waiting for the futures to show them how much lower it can go. 🙃

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2025-04-24 17:12