The retail buying and selling big Robinhood is launching new micro futures for a trio of well-liked 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), good contract platform Solana (SOL), and funds blockchain token XRP beginning June twenty seventh.
“New crypto futures at the moment are 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 by way of crypto.
In April, derivatives market big CME Group announced that it might be launching XRP-based futures over Robinhood, citing investor demand.
As said by JB Mackenzie, vp and basic 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 broaden retail entry to futures buying and selling. Our prospects have proven a deep curiosity in digital belongings, and they may quickly be capable to entry a good wider number of crypto futures to enhance Robinhood’s present spot crypto choices.”
In Could, Robinhood acquired WonderFi, a Canadian crypto agency backed by Shark Tank star Kevin O’Leary, also referred to 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 growth 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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