XRP Marks Another Win In Latest CME Update – Details

bitcoinistPublished on 2025-12-18Last updated on 2025-12-18

Abstract

XRP has achieved another significant milestone with the CME Group's launch of Spot-Quoted XRP futures, complementing its existing Bitcoin and Ethereum offerings. This new product allows investors to trade futures in spot-market terms with extended expiries, building on the success of XRP futures which previously reached $1 billion in open interest faster than any other contract. The move is expected to boost institutional adoption and drive further inflows into the XRP ecosystem. Concurrently, XRP spot ETFs have demonstrated strong demand, becoming the fastest to reach $1 billion in assets since Ethereum, with current net assets at $1.16 billion. Ripple CEO Brad Garlinghouse highlighted that these funds have seen no daily net outflows since their November 13 launch, outperforming Bitcoin and Ethereum products. Global investment products for XRP also attracted $46.91 million last week, with month-to-date inflows of $292 million, trailing only Bitcoin and Ethereum. At the time of writing, XRP is trading at $1.91, up over 2% in 24 hours.

XRP has recorded another win as institutional investors continue to adopt the altcoin. The CME exchange announced that it has rolled out another XRP product, which could boost its adoption and drive more inflows into its ecosystem.

CME Launches Spot-Quoted XRP Futures

In a press release, the CME announced that it has launched Spot-Quoted XRP and SOL futures, which it stated will complement the existing Spot-Quoted Bitcoin and Ethereum futures already on the platform. The derivatives exchange further revealed that these products are available to trade across the four major U.S. equity indices.

CME also noted that the Spot-Quoted XRP futures contracts allow investors to trade futures positions in spot-market terms with the added benefit of a longer-dated expiry. It is worth mentioning that the exchange had launched its XRP futures earlier this year, a product which it has on several occasions revealed has gained a lot of interest.

CME specifically revealed that the XRP futures contracts were the fastest contract ever to reach $1 billion in open interest. Meanwhile, the exchange had, in October, rolled out options trading for the XRP futures amid the significant demand they were seeing. The launch of the Spot-Quoted product provides another boost for the altcoin, which could see more institutional flows into its ecosystem.

XRP has also seen demand in the spot market as the spot ETFs recently became the fastest to reach $1 billion in assets since Ethereum. SoSo Value data shows that these funds currently hold $1.16 billion in net assets, which accounts for almost 1% of the altcoin’s market cap. These funds, as a group, have also recorded a cumulative net inflow of just over $1 billion, highlighting the demand for them in just over a month since the first XRP ETF launched.

Ripple CEO Spotlights Institutional Demand For XRP

In an X post, Ripple CEO Brad Garlinghouse highlighted institutional demand for XRP, noting that these funds have yet to record a daily net outflow since launching on November 13. These funds have also outperformed the Bitcoin and Ethereum products, as they continue to see mixed flows. Meanwhile, the Solana ETFs are behind in net assets, despite launching before XRP.

Ripple executive Reece Merrick also echoed a similar sentiment to Garlinghouse, stating that this was “clear institutional demand” for the altcoin. Meanwhile, the funds have also continued to see demand globally, with a CoinShares report revealing that XRP investment products took in $46.91 million last week. They have now recorded a month-to-date net inflow of $292 million, only behind Bitcoin and Ethereum.

At the time of writing, the XRP price is trading at around $1.91, up over 2% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $1.91 on the 1D chart | Source: XRPUSDT on Tradingview.com

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