XRP Futures Launch With $15M Volume: Spot XRP ETFs up Next? AllinCrypto May 20, 2025
Ripple XRP Futures contracts are now trading on the CME Group as of May 19, 2025, bringing in over $15 million in trading volume.
XRP and Micro XRP Futures were launched by the CME Group in response to growing hype around altcoin ETFs and crypto inclusion in traditional finance.
If the CME Group’s futures contracts end up a success, it’s easy to assume that we may see spot XRP ETFs being pushed through a lot quicker.
CME XRP Futures off to $15M volume beginning
The CME Group’s XRP futures launch went off without much of an issue. According to the CME Group, XRP Futures contracts must be over 50,000 XRP, while Micro XRP futures are at 2,500.
With dual contracts, traders can work with multiple strategies. In response to the launch, Ripple CEO Brad Garlinghouse said the launch marked “ a key institutional milestone for XRP”.
For Ripple, the launch coincided with the UAE’s adoption of Ripple Payments by Zand Bank and Mamo, allowing UAE customers to take advantage of Ripple’s cross-border payments platform.
Garlinghouse stated that the first block trade on CME was settled by Hidden Road, which Ripple acquired for $1.25 billion, marking a historic win for the crypto industry.
The CME Group has launched Solana futures, Ether (Ethereum), and Bitcoin products for institutional investors and traders.
The launch of Solana futures had very minimal impact on the price of Solana and Solana’s reception on the CME platform back in March.
Many XRP holders are expecting big things to come from CME’s acknowledgement, notwithstanding XRP price action. In the near future, there is a strong chance that XRP spot ETFs could become one of the biggest ETFs in the industry, according to JPMorgan.
From CME:
XRP and Micro XRP contracts offer a cost-effective way to gain exposure to the price of XRP, while also providing transparency, price discovery and risk management capabilities. Enjoy greater flexibility by choosing how to trade: using an outright contract, block or BTIC trading.
XRP payments expand in the UAE
In recent news, Ripple Payments has expanded in the UAE with Zand Bank and Mamo adopting the payment protocol for cross-border payments.
With a UAE money license, Ripple is now able to offer payment services in the UAE, offering blockchain money solutions to banks and businesses.
Ripple’s expansions come after the SEC decided to withdraw their appeal against the firm as part of Trump’s pro-crypto US policies.
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