Derivatives

U.S. SEC greenlights ProShares XRP futures ETFs for April 30 launch

U.S. SEC greenlights ProShares XRP futures ETFs for April 30 launch

The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust on April 30, an SEC filing shows. On Jan. 17, days before the now crypto-friendly President Donald Trump was inaugurated, ProShares had proposed the following ETFs: Ultra XRP ETF, which will provide 2x leverage […]

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CME Group eyes May launch for XRP futures product

CME Group eyes May launch for XRP futures product

CME Group is preparing to roll out XRP futures on May 19, pending regulatory approval. According to an April 24 statement, the product will feature two contract sizes, including one tied to 2,500 XRP and another to 50,000 XRP. These contracts are designed to accommodate varying investment strategies. They will be cash-settled and benchmarked against

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Bitcoin’s spike above k wipes out shorts, 2M liquidated across the market

Bitcoin’s spike above $93k wipes out shorts, $652M liquidated across the market

Bitcoin’s latest liquidation sweep erased $652.84 million across crypto on April 23, wiping out 172,948 traders. Bitcoin alone contributed $321.70 million, or roughly 50% of the total. Exchange dashboards show shorts carried almost the entire weight: on Bybit, HTX, Gate.io, and CoinEx, more than 95% of BTC positions liquidated were shorts, and across the market,

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XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave

XRP futures debut on Coinbase as Ripple’s RLUSD stablecoin integrates into Aave

Ripple’s ecosystem is seeing notable momentum, with XRP and its RLUSD stablecoin making major advances in the crypto market. Coinbase lists XRP futures On April 21, Coinbase introduced XRP futures contracts on its US derivatives platform. These contracts, regulated by the Commodity Futures Trading Commission (CFTC), offer traders a compliant way to access XRP without

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Bitnomial set to launch CFTC-approved XRP futures on March 20, withdraws SEC lawsuit

Bitnomial set to launch CFTC-approved XRP futures on March 20, withdraws SEC lawsuit

Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission. The firm said its decision to withdraw its lawsuit was driven by the regulator’s move to abandon legal action against Ripple. According to the March 19 announcement, the contracts will be physically settled,

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