- CME adds XRP futures with micro and standard sizes to expand crypto exposure.
- XRP joins BTC, ETH, and SOL as CME ramps up regulated crypto futures access.
- Robinhood set to offer XRP futures as institutional and retail demand grows.
CME Group has announced plans to introduce XRP futures contracts on May 19, subject to regulatory approval. The launch will expand its crypto derivatives lineup, allowing investors to trade XRP in regulated futures markets for the first time.
New Product Details Revealed by CME
As per a report by Bitcoin.com News, CME Group will offer two contract sizes for the new XRP futures: 2,500 XRP (micro) and 50,000 XRP (standard). These cash-settled contracts will track the CME CF XRP-Dollar Reference Rate, which calculates XRP’s price once daily at 4:00 p.m. London time. This addition follows recent launches of Solana futures and builds on CME’s existing Bitcoin and Ethereum derivatives.
The move responds to heightened demand for institutional-grade exposure to XRP. As Giovanni Vicioso, CME’s Global Head of Cryptocurrency Products, stated in an update, institutional and retail adoption of the XRP Ledger (XRPL) continues to grow. The new contracts will support client strategies by offering a capital-efficient way to hedge and invest in XRP.
Press Release Highlights Institutional Strategy
CME’s press release described the XRP futures launch as a continuation of efforts to expand access to regulated digital asset products. The contracts will be listed on CME and adhere to its global trading standards and clearing mechanisms. As the platform’s fourth major crypto futures product, XRP now joins BTC, ETH, and SOL under the CME suite.
Besides broadening its derivatives offerings, CME is also targeting increased retail access. Robinhood plans to introduce XRP futures on its platform, using mobile-first tools to mirror institutional precision for individual traders. Press release details emphasized that the addition enhances investor flexibility while aligning with growing global demand for regulated crypto futures.
Institutional Metrics Reinforce Momentum
Trading volumes and open interest for CME’s crypto derivatives surged in Q1, with daily average volume up 141% year-over-year. SOL futures, launched in March, recorded over 43,000 contracts traded, totaling $705 million in notional value. This volume growth reflects sustained interest in crypto hedging instruments.
Additionally, the Teucrium 2x Daily Long XRP ETF (XXRP) reached $35 million in AUM within ten trading days. The fund’s early success indicates robust investor interest in XRP exposure through regulated channels. CME’s upcoming futures launch will provide another key instrument for XRP market participants.
