CME Exchange Reports Record XRP Futures Volume as Institutional Demand Soars

XRP futures trading on the Chicago Mercantile Exchange (CME) has reached unprecedented levels, signaling growing institutional appetite for regulated crypto products. Record-breaking volume and open interest in July position XRP as a key digital asset beyond Bitcoin and ethereum in professional portfolios.

CME Group reported historic activity in XRP derivatives, with micro contracts driving momentum. On July 18, 14,612 contracts traded at $126 million notional value, followed by an open interest peak of 4,812 contracts ($43 million) on July 22. The rally culminated on July 24 with 4,766 contracts representing $788 million in notional value.

This surge reflects institutional demand for structured exposure to alternative assets through regulated venues. CME's price transparency and risk management tools align with professional investors' requirements as crypto derivatives gain mainstream traction.