XRP futures are experiencing unprecedented momentum as investor appetite for regulated cryptocurrency products continues to grow across global markets. On July 11, the XRP and Micro XRP futures contracts on the Chicago Mercantile Exchange (CME) recorded a historic trading day, reaching over $235 million in notional daily volume, and pushing total cumulative volume since launch past $1.6 billion. This explosive growth is a clear sign that institutional and retail interest in XRP is gaining serious traction.
CME Sets New Benchmark with XRP Futures Performance
According to a July 14 post by CME Active Trader on the social media platform X, the remarkable surge in volume highlights growing interest in the newly launched XRP futures suite. The contracts officially debuted on May 19, 2025, offering both standard (50,000 XRP) and micro-sized (2,500 XRP) versions that are cash-settled against CME’s XRP-USD Reference Rate.
“Milestone Alert: XRP and Micro XRP futures exceeded $235M in notional volume on July 11, taking total volume across our XRP futures suite above $1.6B since launch,” the post stated. “This milestone reflects the rapidly growing demand for our new XRP futures products.”
On launch day, CME saw more than $19 million in notional value traded across 15 firms and four retail platforms, a strong debut that has since been dwarfed by the recent surge in activity.
Institutional and Retail Access Without Wallets
The CME XRP futures are specifically tailored to offer secure, regulated exposure to XRP without the need for crypto wallets or direct token custody. This structure is particularly appealing to institutional investors and large retail traders looking for flexible access to XRP in traditional investment environments.
During the record-breaking session on July 11, over 9,100 contracts were traded, representing more than 82 million XRP. Notably, Micro XRP futures achieved their highest daily volume ever, reflecting significant engagement from smaller-scale traders.
Global Demand Driving Futures Growth
Importantly, CME has reported that 45% of all XRP futures volume comes from outside North America, indicating broad-based international interest in XRP derivatives. This growing participation from global markets is helping to position XRP as a central player in the evolving world of regulated crypto trading.
Adding to this momentum, Canadian asset manager 3iQ announced on July 14 that its XRP ETF (XRPQ)—launched on June 18 on Canada’s TSX—has already surpassed $50 million in assets under management. This reinforces a broader market shift toward regulated investment vehicles for XRP, echoing the trend observed in the CME futures markets.
CME Group’s Role in Shaping the Crypto Derivatives Landscape
CME Group, the world’s leading and most diverse derivatives marketplace, is behind the launch of XRP and Micro XRP futures. The exchange already operates other major platforms such as the Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and COMEX, making it a dominant force in traditional finance’s convergence with the crypto ecosystem.
CME Active Trader provides tailored tools and resources for active retail and institutional futures traders, and the record volumes in XRP products show that the appetite for professionally managed crypto exposure is stronger than ever.
With its expanding product suite and global participation, XRP’s strong performance on CME marks a pivotal moment in the maturation of digital asset markets. As more investors seek regulated pathways to crypto exposure, XRP futures could play a critical role in bridging traditional finance and blockchain-based assets.
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