XRP期货合约开始在CME集团上进行交易，在第一届会议期间记录了150万美元

XRP期货合约于5月19日开始在CME Group的衍生品平台上进行交易，在第一届会议期间记录了至少150万美元的交易量

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期货合约于5月18日星期四在CME集团的衍生品平台上开始交易，在就职会议期间以至少150万美元的交易量开始。

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

该发布标志着主要代币的重要里程碑，其首次亮相在关键的机构平台上。

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数据显示，第一天执行了四个标准合同，每份表示50,000 XRP，汇总到$ 480,000的名义量，平均价格为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.

大部分活动由106份微型合同贡献，每张合同包括2,500 XRP，总计超过100万美元的增量量。

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.

这些合同设计用于现金和解，并根据CME CF XRP-BORNAR参考率进行了基准，该参考率每天在伦敦时间下午4:00进行出版。

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的战略环绕着双重合同结构，以吸引大型机构和较小的参与者，以迎合各种对冲和交易计划的灵活性。

"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）的首席执行官Brad Garlinghouse在X周一在X上的帖子中指出：“ @CMegroup上受监管的XRP期货标志着XRP的关键机构里程碑。”

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

他进一步透露，隐藏的道路执行了第一个街区贸易。

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.

这份上市是在今年早些时候将XRP作为商品的商品期货贸易委员会（CFTC）分类之后。 CFTC的这种监管清除为CME推出这些产品铺平了道路。

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，分析师强调，该发射可能会升级XRP ETF，ETF商店主席Nate Geraci指出，这种产品“只是时间问题”。

"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期货现在已经 *Live *... XRP.Spot XRP ETF上的CFTC调节合同仅为时间问题。”

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.

今年早些时候，CFTC主席宣布批准CME的新数字资产期货合约。这些合同将被监管机构的监督所涵盖，类似于其对传统未来市场的监督。

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期货的引入扩大了机构参与加密市场的途径。现在，机构可以通过期货合约获得XRP价格变动的影响，这些合同可用于多样化的投资和对冲策略。

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.

由于美国市场在全球市场动态中起着至关重要的作用，因此将仔细观察到这一发布对XRP价格行动的影响。

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.

今年早些时候，加密货币交易所FTX宣布扩大其期货产品，并在比特币，以太坊和XRP上增加了新的期货合约。这些新合同将以标准和“微型”尺寸提供，可满足更广泛的交易者的需求。 Micro Futures合同将是标准合同的较小面额，为更喜欢以较小金额交易的零售交易者提供了更大的灵活性。

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.

除了新的期货合约外，FTX还将增加其期货产品的杠杆作用。目前，FTX的期货产品可提供高达20倍的杠杆作用，但对于某些机构交易者来说，这将增加到50倍。此举是FTX吸引更多机构交易者进入其平台的战略的一部分。

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货币交易所之一，最近几个月它一直在迅速扩大其产品和机构能力。该交流还大量投资于新技术，例如人工智能和机器学习，以改善其产品和服务。

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.

加入新的期货合约和增加的杠杆作用是FTX成为领先的机构级加密货币交易所更广泛战略的一部分。该交易所还计划在今年晚些时候推出新的现货交易所。

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

以下是对加密期货投资的利弊的一些想法：

Pros:

优点：

* 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.

*高杠杆：加密期货可以通过高杠杆率进行交易，这可以扩大损益。例如，如果投资者以10倍的杠杆率交易比特币期货合约，而比特币价格上涨了10％，则投资者将获得其期货交易的100％利润。

* 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.

*短期价格变动：期货合约是用于推测基础资产的未来价格变动的衍生产品。在这种情况下，基本资产是比特币，其价格在很大程度上取决于市场需求和供应。

* 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.

*更大的灵活性：期货合约比其他类型的加密投资（例如硬币或代币）提供了更大的灵活性。这是因为可以在交易日的任何时候购买和出售期货合约，并且可以在成熟之前的任何时候关闭。

Cons:

缺点：

* 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.

*总损失的风险：投资加密期货时存在总损失的风险。这是因为如果基础加密货币的价格显着在交易者的头寸上，期货合约的价值可能会降至零。

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

*交易对手风险：交易期货合约时，也存在对手风险。这是另一方的风险