XRP Set for Wider Market Access with U.S. ETF Launch and CME Options
XRP is gaining broader exposure as new products debut in both the securities and derivatives markets. On September 18, REX Shares and Osprey Funds will launch the first U.S.-listed XRP ETF, while CME Group plans to list options on XRP futures on October 13, pending regulatory approval.
At press time, XRP was trading around $3.03, down nearly 1% over the past 24 hours, according to CoinDesk Data.
The ETFs, including a Dogecoin product, will be listed on the Cboe BZX Exchange under the tickers XRPR and DOJE. Bloomberg Intelligence analyst James Seyffart noted these products are not fully “pure” spot ETFs—they hold XRP and DOGE directly but may also invest in foreign spot ETFs to gain exposure. Filings allow the use of derivatives if needed, though this is not the primary approach.
These launches mark the first time U.S. brokerage accounts will gain access to XRP- and DOGE-focused ETFs, expanding beyond Bitcoin and Ethereum, which currently dominate the market.
CME Group will expand its crypto derivatives offering with options on XRP and Solana (SOL) futures. Both standard and micro contracts will be available, with expiries every business day, monthly, and quarterly. The expansion follows strong activity in altcoin futures: since March, SOL futures have traded over 540,000 contracts ($22.3 billion notional), while XRP futures, introduced in May, have seen 370,000 contracts ($16.2 billion notional).
Headquartered in Chicago, CME operates the world’s largest regulated derivatives marketplace. Adding XRP and SOL options continues the exchange’s move from Bitcoin and Ether toward a broader set of liquid crypto tokens, offering traders additional hedging and risk-management tools.
