CME to Introduce XRP Futures as XRP Sees Rising Interest and Adoption

CME Group to Introduce XRP Futures on May 19 as Crypto Market Interest Grows

CME Group, the largest derivatives exchange in the world, has announced plans to launch XRP futures on May 19, pending regulatory approval. This move marks a significant expansion of its cryptocurrency product offerings.

Once approved, the exchange will offer two contract sizes for XRP futures: 2,500 XRP and 50,000 XRP. These contracts will be cash-settled and will be based on the CME CF XRP-Dollar Reference Rate, which tracks XRP’s price daily at 4:00 p.m. London time.

Giovanni Vicioso, CME Group’s global head of cryptocurrency products, highlighted the growing demand for regulated derivatives. “As digital asset markets continue to evolve, participants are increasingly looking for regulated products to hedge and manage risks across more tokens,” Vicioso said.

With rising interest in XRP and its underlying XRP Ledger (XRPL), CME sees the launch of these futures as an opportunity to meet growing institutional and retail adoption. “We’re excited to provide a tool that offers capital efficiency and supports clients in both investment and hedging strategies,” Vicioso added.

This announcement follows CME’s recent launch of Solana (SOL) futures in March, in addition to its established bitcoin (BTC) and ethereum (ETH) futures and options offerings.