Since their launch on May 19, 2025, CME Group's XRP and Micro XRP futures have garnered significant market interest, attracting both institutional and retail participants.
Overview of XRP Futures
According to a report by CME Group dated June 24, the futures have opened trading opportunities for a diverse group of participants, including ETF issuers and individual traders. On launch day, the contracts recorded a trading volume of $19.3 million, with participation from 15 firms and four retail trading platforms.
Global Interest and Liquidity
Interest in XRP futures is growing beyond North America: 45% of the total trading volume has come from outside the region. The open interest has reached $70.5 million, indicating sustained interest in the new derivatives.
Current Price and Technical Analysis
At present, XRP is trading at $2.185. The price is attempting to break above the 20-day simple moving average at $2.18, potentially signaling a bullish breakout. The relative strength index (RSI) is at 49, indicating possible upward momentum.
XRP futures are actively attracting attention from both institutional and retail investors since their launch. With increasing trading volume and open interest, XRP continues to be a focal point in the cryptocurrency market.
