Ripple (XRP) Futures Launch on the CME as the Cryptocurrency Market Reaches Another Milestone

The CME Group announced on May 19, 2025 that the XRP and Micro XRP futures were now live on the exchange.

The Chicago Mercantile Exchange (CME) has begun offering futures tracking Ripple’s cryptocurrency, providing a new avenue for traders to engage with the altcoin.

The launch of XRP and Micro XRP futures was announced by CME Group on Monday. This development comes as XRP is trading at a pivotal point, having faced pressure after a volatile period for risk-on assets.

As market participants anticipate a rebound, XRP holders are receiving some positivity. CME Group has introduced futures contracts for XRP and Micro XRP, enabling traders to access regulated products of the fourth-ranked altcoin.

“The launch of regulated XRP Futures on CME marks a key institutional milestone for XRP and we’re very excited to report that Hidden Road cleared the first block trade on CME at the opening!” said Ripple CEO Brad Garlinghouse.

The launch of regulated XRP Futures on @CMEGroup marks a key institutional milestone for XRP … and very excited to report that Hidden Road cleared the first block trade on CME at the opening! https://t.co/Njj8AUSY5K

— Brad Garlinghouse (@bgarlinghouse) May 19, 2025

XRP price analysis

Currently, XRP is trading at $2.34, showing a 3.7% decrease in the last 24 hours. However, daily volume has increased by 71% to over $4 billion.

CME’s introduction of regulated futures could be a fresh catalyst for XRP price. As analysts at Crypto Raven noted, BTC experienced significant pumping and dumping after launching on the CME futures market, and similar movements could be seen with XRP’s launch today.

« $BTC pumped and dumped a significant amount right after launching on CME Future market, $XRP is launching today. We could see similar movements where the price could push high and immediately look for corrections. It might not be as steep as $BTC, but could be something significant. »

Although XRP has declined by about 9% in the past week, the top 10 altcoin by market cap has risen by 13% in the past 30 days.

The Ripple token has been breaking higher since July 23 with the crypto post a 300% price gain in the past year.

With institutional interest soaring amid potential spot exchange-traded fund (ETF) approval, and the broader market positioning for more gains, the cryptocurrency has hit another milestone.

This comes as the crypto behemoth is set to launch in Brazil in partnership with CoinsPay.

As part of its efforts to expand into new markets and provide diverse trading opportunities, CME Group, the world’s leading and most diverse derivatives market, today announced the launch of regulated futures contracts on Bitcoin (BTC) and Micro Bitcoin (M BTC) for trade.

The constant-size Bitcoin futures contracts will be cash-settled, trade on CME Group’s flagship Global Futures Exchange (Globex), and be available for trading at 7:00 p.m. ET on December 9, 2023, pending regulatory approval.

Bitcoin futures will be executed in lots of 1 BTC, with a tick size of $50 and a minimum price increment of $1.

The Bitcoin futures will be based on the CME Bitcoin Reference Rate (R BRR), which is the U.S. dollar price of Bitcoin calculated by CME Group at 4:00 p.m. ET on the last trading day of each futures contract.

The Micro Bitcoin futures will be executed in lots of 0.1 BTC, with a tick size of $12.50 and a minimum price increment of $0.25.

The Micro Bitcoin futures will be based on the R BRR and will be available for trading at 3:00 p.m. ET on December 12, 2023.

The launch of Bitcoin futures on CME Group follows the successful launch of Ethereum futures in August 2023.

These new products will provide institutional investors with efficient and transparent access to the Bitcoin market, complementing CME Group’s existing suite of cryptocurrency products, including bitcoin and ether futures and options.

“The launch of Bitcoin futures expands our diverse portfolio of cryptocurrency derivatives and offers institutions the opportunity to hedge or speculate on the digital asset in a familiar and trusted futures format,” said Terry Ong, Head of Equity, Energy and Cryptocurrency Products at CME Group.

“These new products will provide seamless integration with our existing suite of crypto derivatives, offering Bitcoin futures and options for a complete and varied set of risk management tools.”

The new Bitcoin futures and options products will be available for trading in the fourth quarter of 2023, pending regulatory approval.

The post CME launches XRP futures as crypto edges closer to recovery appeared first on CCNR.

This article was originally published on CCNR and written by Ben Stevens.

The Chicago Mercantile Exchange (CME) has begun offering futures tracking