TechFlow news, June 28 — According to The Block, Robinhood has launched micro futures contracts for XRP and Solana, as well as a micro version of its existing Bitcoin Friday futures. Micro futures are smaller-sized futures contracts that allow traders to speculate on or hedge against price movements of assets such as stock indices, commodities, or currencies, with lower capital requirements and reduced risk compared to standard futures.
Earlier this year, Robinhood began rolling out its futures products for foreign exchange, indices, commodities, and cryptocurrencies. Its initial crypto futures offerings were cash-settled and included Bitcoin futures, micro Bitcoin futures, Bitcoin Friday futures, and ETH futures. Later, Robinhood expanded to include XRP and Solana futures.
