Overview

• CME reported that XRP futures surpassed $1 billion in open interest in roughly 98 days from their May 19 launch, the quickest pace for any contract on the exchange.
• The exchange said its crypto futures complex exceeded $30 billion in notional open interest, with Solana and XRP each above $1 billion and ETH options also crossing the $1 billion mark.
• Bitcoin futures hold the largest share of CME crypto open interest at more than $16 billion, while Ethereum futures are about $10.5 billion, providing context for the newer billion‑dollar entrants.
• XRP futures posted their biggest daily volume since mid‑July on Aug. 25, with 7,533 contracts traded and more than $1 billion in turnover, according to CME data.
• Multiple issuers including Grayscale, Franklin Templeton, Bitwise, WisdomTree, 21Shares and CoinShares have spot XRP ETF applications under SEC review with timelines extended into October 2025, and analysts say the robust futures uptake signals potential demand.