XRP futures are smashing records as surging global demand propels CME volumes past $1.6 billion, fueling momentum for regulated crypto growth worldwide.
CME XRP Futures Break $235M in Daily Volume, Global Interest Skyrockets
CME’s XRP and Micro XRP futures hit a new daily record on July 11, reaching over $235 million in notional trading volume, pushing total volume across the suite beyond $1.6 billion. CME Active Trader shared the update on social media platform X on July 14, stating:
Major milestone: XRP and Micro XRP futures crossed $235M notional traded on July 11, bringing total notional traded since launch over $1.6B. The record underscores the rapidly growing demand in our new XRP futures suite.
XRP and Micro XRP futures officially launched on May 19, 2025, offering regulated exposure through cash-settled contracts tied to CME’s XRP-Dollar Reference Rate. Available in standard (50,000 XRP) and micro (2,500 XRP) sizes, the products were designed to meet institutional and retail demand for flexible XRP access without the need for digital wallets. On launch day, over $19 million in notional value traded across 15 firms and four retail platforms, illustrating early momentum that has since scaled significantly.
The July 11 session logged more than 9,100 contracts—equivalent to over 82 million XRP—with Micro XRP contracts reaching their highest daily volume to date.
CME Active Trader refers to the suite of resources, tools, and products that CME Group provides specifically for active individual traders in the futures and options markets. CME Group, one of the world’s largest and most diverse derivatives marketplaces, also operates the Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and COMEX. CME previously noted that 45% of XRP futures volume originates from outside North America, underscoring global interest. Separately, on July 14, asset manager 3IQ reported that its XRP ETF (XRPQ), launched June 18 on Canada’s TSX, surpassed $50 million in assets under management, reflecting a broader shift toward regulated XRP investment vehicles.
Source: Bitcoin
