XRP Futures Hit All-Time High on CME as Institutions Seek Regulated Exposure
XRP futures trading on the Chicago Mercantile Exchange (CME) reached a new record Friday, with combined volumes across standard and micro contracts climbing to $235 million—the highest daily figure since the product’s debut.
According to CME Active Trader, total volume since XRP futures launched on May 19 has now surpassed $1.6 billion.
“This record underscores the rapidly growing demand in our new XRP futures suite,” CME Active Trader posted on X.
The CME continues to attract institutional investors seeking regulated exposure to crypto markets without directly holding digital assets. With bitcoin and ether futures already established as preferred institutional instruments, the rising activity in XRP contracts signals similar growing demand for alternative digital assets.
CME’s XRP derivatives are offered in two contract sizes: standard contracts representing 50,000 XRP and micro contracts at 2,500 XRP, catering to a range of strategies and portfolio sizes.
This surge in institutional activity comes as Ripple, the company associated with XRP, pursues greater regulatory clarity and market expansion. Ripple has applied for a U.S. banking license and is reportedly seeking a MiCA license in the European Union to scale its cross-border payments infrastructure.
