XRP Expands Access with First U.S. ETF and CME Options Launches
XRP is set for broader market participation with upcoming launches in both securities and derivatives markets. On September 18, REX Shares and Osprey Funds will introduce the first U.S.-listed XRP ETF, while CME Group plans to list options on XRP futures on October 13, pending regulatory approval.
At the time of writing, XRP traded near $3.03, down nearly 1% in the past 24 hours, according to CoinDesk Data.
The ETFs, which also include a Dogecoin product, will trade on the Cboe BZX Exchange under the tickers XRPR and DOJE. Bloomberg Intelligence analyst James Seyffart noted that the products are not fully “pure” spot ETFs—they hold XRP and DOGE directly but may also invest in foreign spot ETFs for exposure. Filings allow derivatives usage if necessary, though this is not the main approach.
The launches mark the first U.S. brokerage-accessible ETFs focused on XRP and DOGE, broadening options beyond Bitcoin and Ethereum, which dominate the ETF landscape.
CME Group will follow with options on XRP and Solana (SOL) futures, including standard and micro contracts. Expiries will be available every business day, monthly, and quarterly. The move reflects growing activity in altcoin futures: SOL futures have traded more than 540,000 contracts ($22.3 billion notional) since March, and XRP futures, introduced in May, have seen over 370,000 contracts ($16.2 billion notional).
Headquartered in Chicago, CME operates the world’s largest regulated derivatives marketplace. The addition of XRP and SOL options extends the exchange’s coverage beyond Bitcoin and Ether, giving traders more sophisticated hedging and risk-management tools.
