{"id":37170,"date":"2025-07-16T08:01:52","date_gmt":"2025-07-16T08:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37170"},"modified":"2025-07-16T08:01:52","modified_gmt":"2025-07-16T08:01:52","slug":"xrp-futures-volume-on-the-cme-hit-a-record-235m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37170","title":{"rendered":"XRP Futures Volume on the CME Hit a Record $235M"},"content":{"rendered":"<div>\n<p>The CME&#8217;s nascent XRP futures market is growing fast as sophisticated investors gravitate to the payments-focused cryptocurrency.<\/p>\n<p>Together, the standard and micro futures registered a total trading volume of $235 million on Friday, the highest on record. The tally takes the cumulative trading since inception on May 19 to $1.6 billion, according to data source CME Active Trader. <\/p>\n<p>&#8220;The record underscores the rapidly growing demand in our new XRP futures suite,&#8221; Active Trader <a href=\"https:\/\/x.com\/CMEActiveTrader\/status\/1944855815485046985\">said on X<\/a>.<\/p>\n<p>The CME is a preferred venue for institutions seeking to gain exposure to digital assets through regulated derivatives while avoiding direct ownership of the token. CME&#8217;s futures tied to bitcoin and ether are widely considered a proxy for institutional activity.<\/p>\n<p>The XRP standard contracts are sized at 50,000 XRP and micro contracts at 2,500 XRP.<\/p>\n<p>Ripple, which uses XRP to facilitate cross-border transactions, has applied for a banking license in the U.S. and is <a href=\"https:\/\/cointelegraph.com\/news\/ripple-confirms-mica-license-intention\">reportedly interested<\/a> in getting a Markets in Crypto Assets (MiCA) license to expand into the European Union.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The CME&#8217;s nascent XRP futures market is growing fast as sophisticated investors gravitate to the payments-focused cryptocurrency. Together, the standard and micro futures registered a total trading volume of $235 million on Friday, the highest on record. The tally takes the cumulative trading since inception on May 19 to $1.6 billion, according to data source [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37170","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37170"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37170\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}