It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife. However, in the bustling world of finance, it seems that a cryptocurrency in possession of a growing demand, must be in want of a regulated futures market. XRP futures, with their recent smashing of records, have certainly found their match, as CME volumes have soared past the $1.6 billion mark, fueling the momentum for regulated crypto growth worldwide. 🌍💰
CME XRP Futures Break $235M in Daily Volume, Global Interest Skyrockets
CME’s XRP and Micro XRP futures have achieved a new daily record on July 11, reaching over $235 million in notional trading volume, pushing the total volume across the suite beyond $1.6 billion. CME Active Trader shared this delightful news on social media platform X on July 14, stating:
Major milestone: XRP and Micro XRP futures crossed $235M notional traded on July 11, bringing total notional traded since launch over $1.6B. The record underscores the rapidly growing demand in our new XRP futures suite. 🚀📊
XRP and Micro XRP futures officially launched on May 19, 2025, offering regulated exposure through cash-settled contracts tied to CME’s XRP-Dollar Reference Rate. Available in standard (50,000 XRP) and micro (2,500 XRP) sizes, these products were designed to meet the whims of both institutional and retail investors, providing flexible XRP access without the need for digital wallets. On the day of their grand debut, over $19 million in notional value traded across 15 firms and four retail platforms, a sign of early momentum that has since grown exponentially. 🌱📈
The July 11 session logged more than 9,100 contracts—equivalent to over 82 million XRP—with Micro XRP contracts reaching their highest daily volume to date. It seems that the world of XRP futures is not just a place for the wealthy and the wise, but also for those who appreciate a good bargain. 🛍️💸
CME Active Trader, a charming suite of resources, tools, and products provided by CME Group for active individual traders in the futures and options markets, is part of one of the world’s largest and most diverse derivatives marketplaces. This includes the Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), and COMEX. CME previously noted that 45% of XRP futures volume originates from outside North America, a testament to the global allure of this digital darling. 🌍✨
Separately, on July 14, asset manager 3IQ reported that its XRP ETF (XRPQ), launched on June 18 on Canada’s TSX, surpassed $50 million in assets under management. This achievement reflects a broader shift toward regulated XRP investment vehicles, much to the delight of those who have long awaited a more structured approach to this digital currency. 🎉💼
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2025-07-16 04:57