CME XRP futures saw $235M traded in a single day, pushing cumulative notional volume past $1.6 billion.
Over 9,100 XRP futures contracts changed hands on July 11, signaling strong market participation and interest.
Institutional interest continues to rise as XRP gains broader visibility and access through platforms like Robinhood.
CME Group reported a record trading day for its XRP and Micro XRP futures on July 11, with volumes crossing $235 million in value. The combined performance pushed the total cumulative notional volume of both products past $1.6 billion since their respective launches.
According to CME, more than 9,100 XRP futures contracts were traded on that day, representing over 82 million XRP tokens. The surge in activity marks the highest recorded daily volume for the Micro XRP futures product.
Micro XRP Futures Break Volume Record
On its own, micro XRP futures had 7,869 contracts traded as the open interest moved to 2,415. These are the numbers concerning increased activity by institutional and retail players, so the interest in the regulated XRP derivative is high.
The standard XRP futures contracts sold by CME registered trading volumes of 1,245 and open interest of 1,258, which are very close. The good figures of the two listings depict increased trust in XRP futures as a preferable digital currency trading product.
Institutional traders increase partaking.
As observed by the exchange, institutional investors have been making sustained progress in the usage of XRP futures. The increased open interest and traded volume show that they prefer a regulated, secure exposure to the digital asset market.
In June, Robinhood listed CME’s Micro XRP futures, along with Solana contracts, making these products more accessible to retail investors. The platform’s simplified tools and lower risk threshold contributed to broader market participation.
CME Highlights XRP's Market Visibility
CME has identified XRP as one of the most-watched assets on its platform since launching XRP futures. The latest figures underline its growing relevance beyond major assets like Bitcoin and Ethereum.
CME’s structured futures allow market participants to manage risk efficiently while gaining targeted price exposure. The rising demand for such products signals a shift in how traders approach crypto derivatives.
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