CME Group plans to introduce Nasdaq CME Crypto Index futures on June 8, pending regulatory approval. This new market-cap weighted product offers institutional investors exposure to seven major cryptocurrencies, including XRP, Bitcoin, Ethereum, Solana, Cardano, Chainlink, and Stellar Lumens, through a single cash-settled futures contract. The product aims to broaden institutional participation and risk management in crypto markets by providing both standard and micro-sized contracts. This launch highlights XRP's growing role in institutional crypto trading, alongside Bitcoin and Ethereum, signaling a shift towards more structured, index-based crypto investment products.
CME Group has included XRP in its new Nasdaq Crypto Index, joining Bitcoin, Ether, and other major altcoins. This move coincides with CME's transition to 24/7 crypto trading starting May 29, enhancing liquidity and market access. XRP's inclusion mean...
Amid a broader market correction, XRP is emerging as a key altcoin to watch as capital rotates back into the sector. Despite a prolonged bearish sentiment reflected in negative funding rates on Binance, XRP has rallied over 27% recently. Analyst Dark...
The CoinDesk 20 Index rose 0.4% to 2169.26, with 13 of 20 assets trading higher. Bittensor (TAO) led the gains with a 1.7% increase, closely followed by Ripple (XRP) at 1.6%. Meanwhile, ICP and NEAR were the laggards, dropping 5.2% and 1.7% respectiv...
Ripple CEO Brad Garlinghouse emphasized XRP's unique features: fast transaction settlement in 3-5 seconds, very low transaction costs, and high scalability with over four billion transactions completed. This statement coincided with the launch of an ...
Bitcoin ETFs experienced their biggest single-day capital outflow since January, losing $635.23 million on May 13 after six weeks of inflows. This signals a shift in institutional investor behavior, moving from broad Bitcoin exposure to more selectiv...
