XRP Futures on CME Recorded $19M Volume on First Day, Fueling ETF Speculation

XRP Futures on CME Recorded $19M Volume on First Day, Fueling ETF Speculation

XRP futures contracts on the Chicago Mercantile Exchange (CME) recorded over $19 million in notional trading volume on their first day and at least $10 million on Tuesday, data shows.The inaugural trade, a block transaction, was cleared by Hidden Road on May 18. CME's XRP futures are available in two sizes: standard contracts representing 50,000 XRP and micro contracts representing 2,500 XRP. Both are cash-settled and benchmarked to the CME CF X…

Derivatives Behemoth CME Group Praises XRP’s Utility

During an interview with futures trading veteran Anthony Crudele, CME Group’s Tim McCourt praised the utility of the Ripple-linked XRP token, claiming that it has “a really strong” use case.  “And when we also looked at XRP, it’s a similar story where it has a really strong use case,” McCourt said. He has noted that the XRP Ledger is capable of processing 1,500 transactions per second.  Moreover, the XRP token is very actively traded in the spot…

Some launches redefine the place of an asset in the crypto ecosystem. On May 22, 2025, Volatility Shares will introduce into the market the first ETF in the future on the XRP, which marks a turning point for the integration of this asset into institutional finance. At a time when the market is looking for regulated products to access crypto, this new financial vehicle reflects the growing interest in the XRP and may well accelerate its anchoring…

Volatility Shares to launch first 1x XRP futures ETF in U.S.

On Thursday, May 22, Volatility Shares will introduce the first 1x XRP futures ETF in the U.S. under the ticker XRPI, providing investors with a new, less risky way to track XRP price movements. This ETF is the first non-leveraged…

Volatility Shares to debut first-ever XRP futures ETF tomorrow – #CryptoUpdatesGNIT

Key Takeaways Volatility Shares is launching the first XRP futures ETF on May 21, 2025 on The Nasdaq Stock Market. The ETF will invest at least 80% of its assets in XRP-linked instruments like futures contracts. Share this article Volatility Shares is set to launch the first-ever XRP futures ETF in the US tomorrow, according to a post-effective amendment filed with the SEC on May 21. The launch was confirmed by Bloomberg ETF analyst Eric Balchu…

XRP Futures debut hits $19 mln in trading volume: Is a Spot ETF next?

XRP futures debut on CME outpaced SOL volumes, but the launch was eclipsed by broader cool-off amid stubborn BTC dominance.