Robin (hood) Micro futures have been introduced to Bitcoin
Solana and XRP in the United States, have expanded their existing crypto futures to provide nearly 26 million funded accounts.
Micro contracts require much less collateral compared to full-size futures, leaving traders in a directional position while also taking on smaller capital.
These contracts provide traders with greater flexibility to take into account the future price direction of cryptocurrencies or hedge their current positions, given their smaller scale.
The launch is from BTC and ETH for futures suites starting in January. This is also a few weeks after the company Ended $200 million Bitstamp purchase And finally confirmed Canadian Wonderfi deal of $179 million.
Robini’s data It shows that the number of crypto names exploded over time and rose to $11.7 billion in May. The figure marks a monthly increase of 36% and a year-on-year increase of 65%.
