Retail Trading Giant Robinhood Rolling Out Micro Futures for Bitcoin, Solana and XRP
The retail buying and selling large Robinhood is launching new micro futures for a trio of in style digital belongings.
In a brand new thread on the social media platform X, Robinhood says that it’s rolling out micro futures for crypto king Bitcoin (BTC), sensible contract platform Solana (SOL), and funds blockchain token XRP beginning June twenty seventh.
“New crypto futures are actually on Robinhood. Commerce micro XRP, Solana, and Bitcoin Friday futures with decrease margin necessities and seamless execution with our buying and selling ladder.”
Robinhood initially launched futures merchandise in January 2025, at first solely providing Bitcoin and Ethereum (ETH)-based belongings when it comes to crypto.
In April, derivatives market large CME Group announced that it could be launching XRP-based futures over Robinhood, citing investor demand.
As acknowledged by JB Mackenzie, vice chairman and common supervisor of futures and worldwide at Robinhood, on the time,
“Bringing CME Group XRP futures to Robinhood is a pure subsequent step in our mission to develop retail entry to futures buying and selling. Our prospects have proven a deep curiosity in digital belongings, and they’re going to quickly be capable to entry a fair wider number of crypto futures to enrich Robinhood’s present spot crypto choices.”
In Could, Robinhood acquired WonderFi, a Canadian crypto agency backed by Shark Tank star Kevin O’Leary, often known as Mr. Great, for about $179 million.
Moreover, Robinhood closed its greatest acquisition but earlier this month because it bought the Luxembourg-based crypto alternate platform Bitstamp for about $200 million, boosting the agency’s enlargement abroad.
BTC, SOL and XRP are buying and selling for $106,851, $141.35 and $2.09 at time of writing, respectively.
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