XRP ETF Launches in U.S. on Sept. 18, with CME Options on Futures Arriving Oct. 13

XRP Gears Up for U.S. ETF Debut and CME Options Listing

XRP is poised for expanded market access as new products launch in both the securities and derivatives markets. On September 18, REX Shares and Osprey Funds will debut the first U.S.-listed XRP ETF, while CME Group plans to list options on XRP futures on October 13, pending regulatory approval.

According to CoinDesk Data, XRP was trading near $3.03, down roughly 1% over the past 24 hours.

The ETFs, which also include a Dogecoin product, will be listed on the Cboe BZX Exchange under the tickers XRPR and DOJE. Bloomberg Intelligence analyst James Seyffart noted that the funds are not entirely “pure” spot ETFs—they hold XRP and DOGE directly, but may also invest in foreign spot ETFs. Filings also allow the potential use of derivatives if needed, though this is not the primary approach.

This marks the first opportunity for U.S. brokerage accounts to access XRP- and DOGE-focused ETFs, broadening exposure beyond Bitcoin and Ethereum, which currently dominate the market.

CME Group will follow with options on XRP and Solana (SOL) futures, including both standard and micro contracts. Expiries will be offered every business day, monthly, and quarterly. The expansion comes after strong trading in altcoin futures: SOL futures have traded over 540,000 contracts ($22.3 billion notional) since March, while XRP futures, introduced in May, have seen more than 370,000 contracts ($16.2 billion notional).

Headquartered in Chicago, CME operates the world’s largest regulated derivatives marketplace. The addition of XRP and SOL options extends its coverage beyond Bitcoin and Ether, offering traders more tools for hedging and risk management.