Overview
- CME reports more than 567,000 XRP futures contracts traded since May, equating to $26.9 billion in notional volume, and options on those futures are now live.
- REX‑Osprey’s XRPR fund has surpassed $100 million in assets under management, marking the first U.S. spot ETF milestone for XRP.
- CME’s reported futures activity represents roughly 9 billion XRP, about 9% of the token’s total supply, underscoring the scale of institutional participation.
- Market data providers cite rising activity, with XRP futures volume up 8.66% to $5.98 billion and open interest up 5.20% to $3.88 billion, reflecting stronger derivatives engagement.
- Ripple closed its acquisition of Hidden Road, rebranding it as Ripple Prime, the company’s fifth major deal in about two years to expand institutional infrastructure.