XRP has quickly become one of the most actively discussed cryptocurrencies following its launch on the CME Group platform. Interest is growing from both institutional and retail investors.
Surge in XRP Interest since Launch
XRP and Micro XRP futures were launched on CME on May 19. On the launch day, trading volume hit $19.3 million, spread across 15 institutional firms and four retail trading platforms. Since then, total trading volume has risen to $542 million, with open interest reaching $70.5 million. Notably, 45% of this volume came from outside North America, confirming XRP's strong global presence.
Institutional Drivers of XRP Interest
Much of XRP's newfound momentum is driven by Ripple Labs, the company responsible for the development of the XRP Ledger. In 2025, Ripple Labs made a strategic acquisition of the digital assets brokerage platform Hidden Road for $1.25 billion. This aims to expand XRP's presence in institutional finance, improving integration between traditional and decentralized assets. The launch of RLUSD, Ripple's native stablecoin, has also boosted transaction volume and liquidity on the network.
Advantages of Trading XRP on CME
CME's XRP futures offer institutional and active retail participants simplicity and compliance. These contracts allow investors to gain exposure to XRP's price movements without operational challenges like wallet custody or security risks. Trading on CME also provides platform reliability due to over 180 years of exchange infrastructure and regulatory assurance.
The success of XRP and its futures contracts on the CME underscores the growing interest in regulated tools within the cryptocurrency space, potentially fostering further development of the token in institutional finance.