$235M XRP Futures Frenzy: Smart Money Loading Up?
2025-07-16 14:41:35
Main Idea
XRP futures and ETFs are gaining significant traction in regulated markets, with record trading volumes and institutional interest, as Ripple seeks to expand its compliant infrastructure globally.
Key Points
1. CME’s XRP futures market recorded its highest trading volume to date on July 11, with over $235 million in notional value traded.
2. CME’s XRP futures offer exposure to XRP without requiring token ownership, with standard and micro contract options available.
3. Ripple is applying for a banking license in the U.S. and seeking registration under the MiCA framework in the EU to build compliant infrastructure for XRP.
4. 3iQ’s Canadian XRP ETF surpassed $50 million in assets, indicating growing demand for regulated XRP products.
5. The SEC approved the first U.S.-listed leveraged XRP ETF, ProShares Ultra XRP ETF, set to trade on NYSE Arca.
Description
TL;DR CME XRP futures hit $235M in one day, signaling rising institutional interest and global demand. SEC approves UXRP, the first U.S.-listed leveraged XRP ETF, set to launch on NYSE Arca. 3iQ’s Canadian XRP ETF tops $50M in assets as regulated products gain traction globally. XRP Futures Set New Record on CME CME’s XRP futures market posted its highest trading volume to date on July 11. Over $235 million in notional value changed hands in a single day, with volume spread across standard and m...
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