CME Group Eyes XRP Futures Launch Ahead of Ripple ETF Approvals AllinCrypto April 25, 2025
The CME Group is set to launch XRP Futures on May 19, 2025, ahead of XRP ETF launches, which are yet to be approved by the SEC, now under pro-crypto Chair Paul Atkins.
CME’s XRP Futures will launch with large and micro contracts to allow greater flexibility for investors looking for exposure to one of the most talked-about altcoins.
The launch could help boost XRP’s odds at bagging multiple ETF launches, alongside injecting new liquidity into the token.
CME Group plans XRP futures debut for May 19 after successful crypto products
The CME Group’s new XRP Futures contracts will allow investors to gain exposure to Ripple via large and micro options from 2,500 to 50,000 XRP tokens.
CME opened Solana futures trading in March. XRP futures allow investors to speculate and bet on the future price of XRP, which is projected for further continuation this year.
The contracts will be open to large institutional investors and smaller individuals on the world’s biggest derivatives exchange. The contracts, alongside Solana, will grant XRP newfound legitimacy as an altcoin.
Ripple CEO Brad Garlinghouse:
“While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market!”
From the CME Group’s Giovanni Vicioso, Global Head of Cryptocurrency Products:
“Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies.”
Already, the CME Group is home to Etheruem, Bitcoin, and Solana futures and options as part of their crypto product suite.
Throughout Q1 2025, the average daily volume of 198,000 contracts ($11.3 billion in notional) was up by 141% year-over-year, with over 43,000 SOL futures worth around $705 million (in notional) traded since the launch of SOL futures on March 17.
CME Group has big expectations for altcoin futures
It’s clear that the CME Group has found large profitability and benefits in the addition of altcoins such as Solana to their crypto product suite. By bringing XRP onboard, the group is anticipating further growth and investments via available contracts.
As part of the Group’s press release for the addition of XRP futures, the firm quoted Sal Gilbertie, CEO of Teucrium, an investment firm that recently introduced the Teucrium 2x Daily Long XRP ETF dubbed “XXRP:
“XRP was purpose-built for real financial use cases and today facilitates global value transfers through the fast, low-cost XRP Ledger.
The Teucrium 2x Daily Long XRP ETF (XXRP), reached $35 million in AUM in its first 10 trading days — highlighting strong investor demand for regulated access to leading digital assets.”
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