CME’s XRP futures have quickly attracted strong global interest, with almost half of the trading volume taking place outside U.S. market hours.
Launched just a week ago, the XRP futures contracts—including both standard and micro sizes—recorded a total trading volume of 4,032 contracts, worth $86.6 million, over the first six trading days, a CME spokesperson told CoinDesk.
Remarkably, 46% of this volume occurred during non-U.S. trading hours, underscoring robust international engagement. XRP’s appeal as a fast, low-cost cross-border payment token continues to grow, supported by Ripple’s XRP Ledger infrastructure.
The CME futures are cash-settled based on the CME CF XRP-Dollar Reference Rate and offer exposure without the need to hold the actual digital asset. Standard contracts represent 50,000 XRP, while micro contracts cover 2,500 XRP, providing flexible options for traders worldwide.
