CME Group introduces XRP futures
From May 19, the CME Group introduces Futures Contracts to the XRP cryptocurrency. The world's largest marketplace for derivate trade according to Bitcoin (BTC), Ethereum (ETH) and Solana (Sol) absorbs the third digital asset in its product range.
The XRP futures of the CME are billed according to this and are based on the CME CF XRP dollar reference course, which is calculated once a day at 4:00 p.m. London. Market participants will be able to trade a micro contract (2,500 XRP, currently 5,475 USD) as well as a larger contract (50,000 XRP, currently USD 109,500), as from a media release emerges.
The largest derivative platform extends crypto offer
With an average daily trading volume in the three -digit billion dollar area, CME is the leading derivative platform in the world. The company has been offering popular futures contracts on Bitcoin (BTC) and Ethereum (ETH) for several years. This March The third cryptocurrency followed with Solana (Sol). The XRP offer is intended to build on the previous success. According to the media release, a considerable volume with cryptocurrencies was handled in the first quarter of 2025:
- Average daily volume of 198,000 contracts ($ 11.3 billion nominal value), an increase of 141% compared to the previous year
- Average open interest of 251,000 contracts ($ 21.8 billion nominal value), an increase of 83% compared to the previous year
- Since the introduction on March 17th, more than 43,000 SOL FUTURES ($ 705 million nominal value) traded
XRP as logical number four
It should not surprise little that XRP follows after Solana. The cryptocurrency consolidated its position in the market and lingered in fourth place after market capitalization to Bitcoin, Ethereum and USt. Interest in XRP and his underlying LEDGER (XRPL) has increased steadily with the increasing acceptance of the network through institutional and private investors, according to the CME boss for crypto products. With the offer, the company would like to meet this demand.
“In view of the advancing innovation in the area of digital assets, market participants continue to rely on regulated derivative products to control risks for a broader range of tokens. (…) We are pleased to introduce these new (XRP) schedule controls to provide our customers a capital-efficient instrument to support their investment and security strategies.” – Giovanni Vicioso, Global Head of Cryptocurrency Products bei der CME Gruppe
