CME Group’s newly launched XRP futures are off to a roaring start—pulling in nearly $30 million in volume just days after debut. The move is sending a clear signal: institutional appetite for XRP $XRP is growing fast.$ETH
Launched on May 19, the contracts offer two sizes—50,000 XRP $XRP and 2,500 XRP—settled in cash and benchmarked to the daily CME CF XRP-Dollar Reference Rate. Day one alone clocked in $19 million, followed by another $10 million+—an impressive start by any metric.
The buzz isn’t just about volume. With CME already a leader in Bitcoin and Ether futures, the XRP rollout is being seen as a critical step toward broader acceptance—and potentially a U.S.-listed spot XRP ETF.
Nate Geraci, president of the ETF Store, summed up the mood: “Spot XRP ETFs only a matter of time.”
While XRP’s price remains steady around $2.35, the futures frenzy highlights a larger trend: traditional finance is embracing altcoins, and XRP is squarely in the spotlight.
Bottom line: CME’s XRP futures are doing more than just trading—they’re shaping the narrative for what might be crypto’s next
big ETF.
