Great XRP News-CME Group launches XRP-Futures on 19 May

CME Group, the largest derivatives fair in the world, has announced that it will launch XRP-Futures on 19 May, provided that supervisors grant their approval. These new contracts offer investors the opportunity to act in both micro contracts of 2,500 XRP and larger contracts of 50,000 XRP.

Increasing demand for regulated crypto-derivatives

The demand for regulated cryptents continues to grow as the market for digital assets develops further. According to CME Group, there is also more and more interest in XRP and the underlying XRP Ledger (XRPL), mainly due to the increasing adoption among both private and institutional investors.

The new futures are charged in cash and are based on the CME CF XRP-Dollar Reference Rate. This course is determined daily at 4 p.m. (London time) and offers a reliable reference point for the value of XRP in US dollars.

Part of growing crypto offer

The introduction of XRP-Futures is a logical expansion of the increasingly broader crypto offer from CME Group. Earlier, the stock market already added derivatives to Bitcoin, Ethereum and recently also on Solana (SOL). The figures for the first quarter of 2025 emphasize the rapid growth of this market:

• The average daily trade volume was 198,000 contracts, with a total nominal value of $ 11.3 billion, an increase of 141% compared to last year.
• The open interest – the number of outstanding contracts – was on average 251,000, good for a value of $ 21.8 billion (+83% on an annual basis).
• Since the launch on March 17, more than 43,000 Sol-Futures have been traded, with a total value of $ 705 million.

XRP is extremely popular

XRP is gaining popularity quickly, and that is no coincidence. De Munt strongly benefits from the legal victory that Ripple achieved last year in the lawsuit against the American stock market watchdog SEC. This statement caused more clarity about the legal status of XRP, giving investors confidence in the project again.

The statement also opened the door to all kinds of new opportunities for Ripple. For example, analysts consider the chance that an XRP ETF will be approved this year – an important step towards institutional acceptance. In addition, it is buzzing in the rumors market about a possible IPO of Ripple in the near future. Both developments could further increase the visibility and use of XRP.