CME Group plans to launch XRP futures product as fourth cryptocurrency after BTC, ETH, and SOL

On the 24th (local time), CME Group, the operator of the largest derivatives exchange in the United States, announced plans to launch XRP futures products.
XRP futures products will be the fourth to be launched on the CME exchange, joining Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).
CME recently listed Solana futures, and the launch of XRP futures is a step in response to the changing regulatory environment in the US and the resulting pressure on the cryptocurrency market.
The product, which has been approved by the Commodity Futures Trading Commission (CFTC), is expected to start trading as early as next month, signalling growing interest at CME.
In particular, since President Donald Trump took office, regulators, including the CFTC and the Securities and Exchange Commission (SEC), have become more strict on the blockchain industry.
The market is showing signs of relaxed supervision, and expectations are rising. CME said, "The XRP futures we are launching this time will have two contracts: a micro contract (2,500 XRP) and a large contract (50,000 XRP).
The settlement price will be calculated at 4:00 p.m. (Eastern Time) every day on the CME CF
The price will be based on the "XRP-Dollar Reference Price."