Robinhood Launches Micro XRP Futures With Lower Margins for Retail Traders
Kevin Helms
Finance
Robinhood launches micro XRP futures, expanding derivatives offerings amid rising XRP momentum and legal clarity to boost retail demand and reshape crypto trading.
Micro XRP Futures Debut as Ripple Lawsuit Settles, Boosting Retail Access and Confidence
Retail trading platform Robinhood (Nasdaq: HOOD) announced on social media platform X on June 27 the launch of new futures products, including micro XRP futures, as part of an expansion of its cryptocurrency derivatives offerings. The company stated:
New crypto futures are now on Robinhood. Trade micro XRP, solana, and Bitcoin Friday futures with lower margin requirements and seamless execution with our trading ladder.
These contracts are cash-settled and available for trading nearly 24 hours a day, from 6 p.m. to 5 p.m. ET. Micro XRP futures are structured with a 2,500-unit multiplier and a minimum tick size of 0.0005, giving each tick a value of $1.25. This design provides a smaller-scale alternative to Robinhood’s standard XRP futures contract, which uses a 50,000-unit multiplier and a $25 tick value. The reduced contract size aims to make XRP futures more accessible to retail traders, allowing for more precise risk management and capital efficiency.
Robinhood Launches Micro XRP Futures With Lower Margins for Retail Traders
Some of Robinhood’s crypto futures products. Source: Robinhood Markets
The timing of Robinhood’s new product launch coincides with a pivotal development in the XRP ecosystem as Ripple has announced the withdrawal of its cross-appeal in the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC is expected to follow suit. This move comes after a federal judge rejected a joint motion to reduce Ripple’s penalty and lift an injunction, prompting Ripple to consider ending its appeal. The anticipated resolution would uphold the court’s earlier determination that XRP sales on public exchanges do not constitute securities transactions, while Ripple’s institutional sales did violate securities laws. This legal clarity is poised to enhance market confidence and could lead to increased trading volumes in XRP-related products.
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