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CME to Roll Out XRP Futures as Interest and Adoption in XRP Grows

The contracts are set to debut on May 19, pending regulatory approval.

Updated Apr 24, 2025, 4:59 p.m. Published Apr 24, 2025, 1:53 p.m.
CME Group Headquarters (CoinDesk Archives)

What to know:

  • CME Group plans to launch cash-settled XRP futures on May 19, pending regulatory approval, expanding its crypto derivatives lineup.
  • The contracts will come in two sizes—2,500 XRP and 50,000 XRP—and settle based on the daily XRP-Dollar Reference Rate.
  • The launch follows CME's recent addition of Solana futures and reflects growing institutional demand for regulated XRP exposure.

CME Group is rolling out XRP futures on May 19th as it continues to expand its suite of cryptocurrency products, the world’s largest derivatives exchange, said in a press release.

Pending regulatory approval, traders will be able to trade two contract sizes: 2,500 XRP and 50,000 XRP. The contracts will be cash-settled and based on the CME CF XRP-Dollar Reference Rate, which tracks XRP’s price daily at 4:00 p.m. London time.

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“As innovation in the digital asset landscape continues to evolve, market participants continue to look to regulated derivatives products to manage risks across a wider range of tokens,” Giovanni Vicioso, global head of cryptocurrency products at CME Group, said.

“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.”

The move comes after CME launched Solana futures in March in addition to bitcoin and ethereum futures and options which have been trading on the exchange for a while.



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