BitMEX Gives XRP Traders New Tools as Institutional Interest Rises

BitMEX, a prominent platform for crypto derivatives, has launched a new set of quarterly futures contracts for XRP, one of the most actively traded digital assets. The contracts went live earlier this week, offering traders additional flexibility in managing exposure to the token without the need to hold it outright [1]. This development is part of the exchange’s ongoing quarterly listing schedule, which aims to expand its suite of derivative products.

The newly launched XRPZ25 futures contract began trading on Sept. 9 and is set to expire on Dec. 26. Settlement will occur based on the spot price of XRP at the time of expiry. Similarly, the XRPU25 contract became available on June 10 and will expire on Sept. 26. These quarterly contracts differ from perpetual swaps, which do not have fixed expiration dates. Traders often use such time-bound contracts for hedging and arbitrage strategies [1].

This move builds on BitMEX’s prior XRP-related offerings, which include perpetual futures and spot trading. The platform introduced perpetual futures for XRP in 2020, and in March 2024, it expanded to include spot trading for the token. More recently, in January 2025, BitMEX added multi-asset margining capabilities, enabling traders to use XRP as collateral for derivatives positions [1].

In addition to these futures contracts, BitMEX has expanded its product range for XRP to include options. The options offering provides further tools for traders to manage risk or speculate on price movements. The platform’s continued focus on XRP reflects the token’s growing importance in the crypto derivatives market, particularly as institutional interest and regulatory clarity have increased in recent months [1].

The launch of XRP quarterly futures comes amid broader market developments for the token, including growing adoption across payment networks and increased participation in derivatives markets. BitMEX’s decision to introduce these contracts aligns with the platform’s strategy of staying ahead of market demand by regularly updating its derivative offerings. As XRP continues to attract attention from both retail and institutional investors, the availability of new instruments is likely to enhance trading activity and liquidity on the platform [1].

Source:

[1] XRP Futures Go Live on BitMEX in Latest Quarterly Listings (https://u.today/xrp-futures-go-live-on-bitmex-in-latest-quarterly-listings)