Future regulated by CFTC begin to trade in us

XRP futures started trading the Chicago Mercantile (CME) mercantile (CME) monday platform, becoming the first regulated futures tracking price KSRP in the USA

Traders can trade two sizes of contract: 2,500 XRP and 50,000 XRP, which will be cash and based on the SME CF XRP-Dollar reference rate, which offer price KSRP per day at 16:00 London time.

CME already offers Bitcoin

Etherum and Solana Futures, as well as Bitcoin and Etherum options. Only the feeds of the groups, which have launched in mid-March 12.3m dollars reserved in extensive living quantity On the first day and closed with $ 7.8 million, a much smaller number on a customized level compared to the debit of the etheric and Bitcoin of the future.

The price of XRP was 3.45% reduced in the last 24 hours.

The existence of regulated futura can mark a large step in the right direction as it refers to the KSRP place that was traded by the KSRP currently re-examined to approve or denied the Securities and Dement Commission (SEC). Several American issuer filed to launch such a fund, but it was yet to get a decision.

“CME-TRADED XRP futures is now * Live *,” wrote ETF Store President Nate Geratics in X. “CFTC CONTRACTS O KSRP. SPOT XRP ETFS is just a matter of time.”

Previously said that the previous sec floored Garer previously said that one of the reasons approved by Spot Bitcoin and Etherum ETFS had already had existing regulated futures market in the US