XRP期貨合約開始在CME集團上進行交易，在第一屆會議期間記錄了150萬美元

XRP期貨合約於5月19日開始在CME Group的衍生品平台上進行交易，在第一屆會議期間記錄了至少150萬美元的交易量

XRP futures contracts commenced trading on CME Group's derivatives platform on Thursday, May 18, kicking off with at least $1.5 million in trading volume during the inaugural session.

XRP期貨合約於5月18日星期四在CME集團的衍生品平台上開始交易，在就職會議期間以至少150萬美元的交易量開始。

The launch marks a significant milestone for the major token, with its debut on a key institutional platform.

該發布標誌著主要代幣的重要里程碑，其首次亮相在關鍵的機構平台上。

CME data reveals that four standard contracts, each denoting 50,000 XRP, were executed on day one, aggregating to around $480,000 in notional volume at an average price of $2.40.

CME數據顯示，第一天執行了四個標準合同，每份表示50,000 XRP，匯總到$ 480,000的名義量，平均價格為2.40美元。

A bulk of the activity was contributed by 106 micro contracts, each comprising 2,500 XRP and summing up to over $1 million in incremental volume.

大部分活動由106份微型合同貢獻，每張合同包括2,500 XRP，總計超過100萬美元的增量量。

These contracts are designed for cash settlement and are benchmarked to the CME CF XRP-Dollar Reference Rate, which undergoes publication daily at 4:00 P.M. London time.

這些合同設計用於現金和解，並根據CME CF XRP-BORNAR參考率進行了基準，該參考率每天在倫敦時間下午4:00進行出版。

CME's strategy encircles a dual contract structure to engage both large institutional and smaller participants, catering to flexibility in diverse hedging and trading plans.

CME的戰略環繞著雙重合同結構，以吸引大型機構和較小的參與者，以迎合各種對沖和交易計劃的靈活性。

"The launch of regulated XRP Futures on @CMEGroup marks a key institutional milestone for XRP," Brad Garlinghouse, CEO of Ripple (NYSE:XUM), stated in a post on X on Monday.

Ripple（NYSE：XUM）的首席執行官Brad Garlinghouse在X週一在X上的帖子中指出：“ @CMegroup上受監管的XRP期貨標誌著XRP的關鍵機構里程碑。”

He further disclosed that Hidden Road executed the first block trade.

他進一步透露，隱藏的道路執行了第一個街區貿易。

The listing follows the Commodity Futures Trading Commission's (CFTC) classification of XRP as a commodity earlier this year. This regulatory clearance from the CFTC paved the way for CME to roll out these offerings.

這份上市是在今年早些時候將XRP作為商品的商品期貨貿易委員會（CFTC）分類之後。 CFTC的這種監管清除為CME推出這些產品鋪平了道路。

Moreover, analysts highlight that the launch could escalate the case for a spot XRP ETF, with ETF Store president Nate Geraci noting that such a product is "only a matter of time."

此外，分析師強調，該發射可能會升級XRP ETF，ETF商店主席Nate Geraci指出，這種產品“只是時間問題”。

"CME-traded XRP futures are now *live*...CFTC-regulated contracts on XRP.Spot XRP ETFs only a matter of time."

“ CME交易的XRP期貨現在已經 *Live *... XRP.Spot XRP ETF上的CFTC調節合同僅為時間問題。”

Earlier this year, the CFTC chairman announced the approval of new digital asset futures contracts from CME. These contracts will be covered by the regulatory agency's oversight, similar to its supervision of traditional futures markets.

今年早些時候，CFTC主席宣布批准CME的新數字資產期貨合約。這些合同將被監管機構的監督所涵蓋，類似於其對傳統未來市場的監督。

The introduction of XRP futures on CME expands the avenues for institutional participation in crypto markets. Institutions can now gain exposure to XRP price movements through futures contracts, which can be used for diverse investment and hedging strategies.

CME上XRP期貨的引入擴大了機構參與加密市場的途徑。現在，機構可以通過期貨合約獲得XRP價格變動的影響，這些合同可用於多樣化的投資和對沖策略。

As the U.S. market plays a critical role in global market dynamics, the impact of this launch on XRP's price action will be closely observed.

由於美國市場在全球市場動態中起著至關重要的作用，因此將仔細觀察到這一發布對XRP價格行動的影響。

Earlier this year, crypto exchange FTX announced the expansion of its futures offerings with the addition of new futures contracts on Bitcoin, Ethereum, and XRP. These new contracts will be available in both standard and "micro" sizes, catering to a wider range of traders. The micro futures contracts will be smaller denominations of the standard contracts, offering more flexibility to retail traders who prefer to trade in smaller amounts.

今年早些時候，加密貨幣交易所FTX宣布擴大其期貨產品，並在比特幣，以太坊和XRP上增加了新的期貨合約。這些新合同將以標準和“微型”尺寸提供，可滿足更廣泛的交易者的需求。 Micro Futures合同將是標準合同的較小面額，為更喜歡以較小金額交易的零售交易者提供了更大的靈活性。

In addition to the new futures contracts, FTX will also be increasing the leverage available on its futures products. Currently, FTX offers leverage of up to 20x on its futures products, but this will be increased to 50x for select institutional traders. The move is part of FTX's strategy to attract more institutional traders to its platform.

除了新的期貨合約外，FTX還將增加其期貨產品的槓桿作用。目前，FTX的期貨產品可提供高達20倍的槓桿作用，但對於某些機構交易者來說，這將增加到50倍。此舉是FTX吸引更多機構交易者進入其平台的戰略的一部分。

FTX is one of the largest cryptocurrency exchanges in the world, and it has been rapidly expanding its product offerings and institutional capabilities in recent months. The exchange is also investing heavily in new technologies, such as artificial intelligence and machine learning, to improve its products and services.

FTX是世界上最大的加密貨幣交易所之一，最近幾個月它一直在迅速擴大其產品和機構能力。該交流還大量投資於新技術，例如人工智能和機器學習，以改善其產品和服務。

The addition of new futures contracts and increased leverage is part of FTX's broader strategy to become a leading institutional-grade cryptocurrency exchange. The exchange is also planning to launch a new spot exchange later this year.

加入新的期貨合約和增加的槓桿作用是FTX成為領先的機構級加密貨幣交易所更廣泛戰略的一部分。該交易所還計劃在今年晚些時候推出新的現貨交易所。

Here are some thoughts on the pros and cons of investing in crypto futures:

以下是對加密期貨投資的利弊的一些想法：

Pros:

優點：

* High leverage: Crypto futures can be traded with high leverage, which can amplify both gains and losses. For example, if an investor trades a bitcoin futures contract with 10x leverage and the bitcoin price rises by 10%, the investor will realize a 100% profit on their futures trade.

*高槓桿：加密期貨可以通過高槓桿率進行交易，這可以擴大損益。例如，如果投資者以10倍的槓桿率交易比特幣期貨合約，而比特幣價格上漲了10％，則投資者將獲得其期貨交易的100％利潤。

* Short-term price movements: Futures contracts are derivatives that are used to speculate on the future price movements of an underlying asset. In this case, the underlying asset is bitcoin and its price is largely determined by market demand and supply.

*短期價格變動：期貨合約是用於推測基礎資產的未來價格變動的衍生產品。在這種情況下，基本資產是比特幣，其價格在很大程度上取決於市場需求和供應。

* Greater flexibility: Futures contracts offer more flexibility than other types of crypto investments, such as coins or tokens. This is because futures contracts can be bought and sold at any time during the trading day and they can be closed out at any time before maturity.

*更大的靈活性：期貨合約比其他類型的加密投資（例如硬幣或代幣）提供了更大的靈活性。這是因為可以在交易日的任何時候購買和出售期貨合約，並且可以在成熟之前的任何時候關閉。

Cons:

缺點：

* Risk of total loss: There is a risk of total loss when investing in crypto futures. This is because the value of the futures contract can fall to zero if the price of the underlying crypto moves significantly against the trader's position.

*總損失的風險：投資加密期貨時存在總損失的風險。這是因為如果基礎加密貨幣的價格顯著在交易者的頭寸上，期貨合約的價值可能會降至零。

* Counterparty risk: When trading futures contracts, there is also counterparty risk. This is the risk that the other party to

*交易對手風險：交易期貨合約時，也存在對手風險。這是另一方的風險