CME Group to Launch XRP Futures on May 19

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CME Group to Launch XRP Futures on May 19

CME Group, the global leader in derivatives trading, will roll out XRP futures on May 19, subject to regulatory clearance.

The move strengthens its position in the digital asset space by catering to rising institutional and retail demand for XRP exposure.

The new product will offer flexibility through two contract sizes:

  • Micro contract – 2,500 XRP
  • Standard contract – 50,000 XRP

Both will be cash-settled and pegged to the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time.

According to Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, the addition of XRP futures supports growing market appetite for regulated tools:

“As adoption grows, participants want more tools to hedge and invest. XRP futures will help fill that need.”

XRP Joins CME’s Expanding Crypto Suite

With Bitcoin, Ethereum, and Solana already part of CME’s offerings, XRP becomes the latest addition to the lineup. CME reported impressive growth in Q1 2025 for its crypto derivatives:

  • 198,000 average daily contracts, equivalent to $11.3 billion
  • 251,000 contracts in open interest, representing $21.8 billion
  • 43,000+ SOL futures traded since their March launch

Broader Access Coming Via Robinhood

Retail investors will soon access XRP futures through Robinhood, which is integrating CME’s crypto products into its platform.

JB Mackenzie, VP at Robinhood, highlighted the value to users:

“We’re giving everyday traders access to futures tools usually reserved for institutions.”

With this integration, users will be able to trade up to 40 futures products using Robinhood’s mobile ladder interface.

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Source: https://coindoo.com/cme-group-to-launch-xrp-futures-on-may-19/