XRP News Today: XRP Futures Trading Volume Surges 2800% on CME in One Month

The CME Group recently announced that XRP has emerged as one of the most active crypto assets on its platform following the launch of XRP and Micro XRP futures on May 19, 2025. This launch has garnered significant interest from both institutional and retail traders, with the exchange describing the demand as "robust."

On the first day of trading, the volume reached $19.3 million, involving 15 companies and four retail platforms. Within just over a month, this figure surged to a total of $542 million, according to data from CME. Open interest in these contracts has also risen, currently standing at $70.5 million. This growing interest is attributed to a diverse range of participants, including large institutions such as ETF issuers and everyday retail traders.

The CME Group highlighted that approximately 45% of all trading activity has come from outside the United States and Canada, indicating a global interest in XRP futures. This surge in activity coincides with regulatory changes in the U.S., where the Securities and Exchange Commission (SEC) has decided to drop its appeal against Ripple Labs. This regulatory shift has boosted institutional confidence in offering XRP-related products, leading to the approval of XRP futures on trading platforms like Coinbase Derivatives and Bitnomial in the United States on May 30. Experts suggest that this development could pave the way for XRP to secure a spot ETF, similar to those already available for Bitcoin and Ethereum.

The SEC has emphasized that the presence of a regulated futures market is a crucial requirement for ETF approval, and with CME’s XRP futures now operational, XRP meets this criterion. Additionally, Ripple's recent acquisition of Hidden Road, aimed at enhancing collaboration with major financial firms, and the launch of a new stablecoin called RLUSD on the XRP Ledger, have further contributed to the cryptocurrency's growth. The RLUSD stablecoin is designed for fast and affordable transfers, and its launch, along with USDC's availability on the XRP Ledger, has increased the token's utility in real-world applications.