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TimesTabloid 2025-06-26 07:23:02

CME Group’s Bullish Report about XRP Excites XRP Holders

When CME Group launched XRP and Micro XRP futures on May 19 , the goal was to offer institutional and retail participants a regulated entry point into one of the most observed digital assets in the market. One month later, the data supports that decision. According to CME’s official update on X, over 24,600 contracts have already been traded, totaling more than $542.8 million in notional volume. Notably, nearly half of that activity came from outside the United States. This international demand shows the broad appeal of XRP. CME described XRP as “one of the most watched crypto assets,” emphasizing its role in a rapidly evolving digital asset landscape. These futures contracts provide exposure to XRP price movements without requiring direct asset custody. This gives more room for accessible risk management and portfolio diversification. The interest in these products shows that investors are eager to engage with XRP. Since launching on May 19, XRP and Micro XRP futures have shown demand across institutional and retail participants, highlighting interest in regulated tools to access one of the most watched crypto assets. Get the full breakdown https://t.co/nmVRaXqUTO pic.twitter.com/JZG2Bnnjll — CME Group (@CMEGroup) June 24, 2025 First-Month Performance Reflects Deep Market Engagement CME provided more details in an official blog post , revealing that XRP futures trading volume reached $19.3 million on launch day alone , spread across 15 firms and four retail platforms. This immediate traction signaled strong interest from a mix of ETF issuers, institutional players, and retail traders. According to CME, open interest in the contracts has climbed steadily, with $70.5 million currently held in active positions. The trend illustrates continued engagement rather than a brief spike in interest. A trading activity chart included in CME’s breakdown shows a clear upward trajectory in volume, XRP equivalents, and open interest throughout the first month. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Institutional Moves and Ledger Growth Support Outlook The trading performance of XRP futures aligns with broader developments around the asset. In its 2025 XRP outlook, CME notes that the XRP Ledger has seen increased usage, along with growth in active wallet addresses and transaction volume. A key driver behind this growth is Ripple’s $1.25 billion acquisition of Hidden Road , which CME called a strategic move to strengthen XRP’s role in institutional finance. Notably, Hidden Road cleared the first block trade on CME after the XRP futures launch, and the acquisition is expected to support cross-margining between traditional and digital assets. CME also highlighted the launch of RLUSD, as it boosts transaction liquidity, enhances adoption of the XRP Ledger (XRPL), and aids XRP’s goal of becoming a global reserve asset . XRP is set to see broader institutional adoption as Ripple’s innovations drive real-world use, and CME’s data signals accelerating demand for regulated XRP exposure. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post CME Group’s Bullish Report about XRP Excites XRP Holders appeared first on Times Tabloid .

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