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CME’s XRP ...
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CME’s XRP Futures Are Live: A Comparison with BTC, ETH Debuts

  • The Chicago Mercantile Exchange (CME) recently launched XRP futures contracts, joining Bitcoin (BTC) and Ethereum (ETH) on its platform.
  • On the first day, XRP futures contracts on CME recorded a combined notional volume of over $19 million, with 150 standard contracts and 207 micro contracts traded.
  • In comparison, the launch of CME's Bitcoin futures in 2017 saw a significantly larger volume, while the ETH futures launch had more tempered start.
  • Factors like market maturity, timing, regulatory issues, and competition from other platforms may have contributed to the varying trading volumes between XRP, BTC, and ETH futures on CME.

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