“Digital asset innovation is accelerating, and institutional investors increasingly seek regulated tools to hedge and gain exposure,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME. “Interest in XRP and the XRP Ledger (XRPL) has grown significantly, and these new futures contracts aim to provide a capital-efficient trading solution.”

Strong Demand for Crypto Derivatives

The XRP futures will be cash-settled, priced against the CME CF XRP-Dollar Reference Rate, which is published daily at 4:00 p.m. London time. With this move, XRP joins Bitcoin, Ethereum, and Solana in CME’s expanding crypto product lineup.

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Highlights from CME’s Q1 crypto derivatives performance include:

• 198,000 contracts/day traded on average ($11.3B notional) — up 141% YoY
• 251,000 contracts in open interest on average ($21.8B notional) — up 83%
• Over 43,000 SOL futures ($705M notional) traded since March 17 launch

Robinhood will offer XRP futures to retail users, expanding access beyond institutional traders. Meanwhile, the Teucrium 2x Daily Long XRP ETF (XXRP) hit $35 million in AUM within its first 10 days — showing robust interest in regulated XRP exposure.

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