• CME reports 397,000 XRP futures contracts traded worth $18.3B in four months.
• Equivalent exposure of 6B XRP places CME futures among top-traded crypto products.
• Analysts warn high leverage near $2 could trigger sharp volatility in XRP markets.

CME Group has marked four months since the launch of its XRP and Micro XRP futures by reporting steady demand from both institutional and retail traders. The exchange disclosed that 397,000 contracts have changed hands since listing, representing a notional value of $18.3 billion.

That volume translates into exposure of nearly 6 billion XRP, positioning the contracts among CME’s most active crypto der…

Read The Full Article XRP Market Sees $213 Million Daily Volume in CME Futures Trading On Coin Edition.

• CME reports 397,000 XRP futures contracts traded worth $18.3B in four months.
• Equivalent exposure of 6B XRP places CME futures among top-traded crypto products.
• Analysts warn high leverage near $2 could trigger sharp volatility in XRP markets.

CME Group has marked four months since the launch of its XRP and Micro XRP futures by reporting steady demand from both institutional and retail traders. The exchange disclosed that 397,000 contracts have changed hands since listing, representing a notional value of $18.3 billion.

That volume translates into exposure of nearly 6 billion XRP, positioning the contracts among CME’s most active crypto der…

Read The Full Article XRP Market Sees $213 Million Daily Volume in CME Futures Trading On Coin Edition.