XRP futures on the CME Group just crossed the $1 billion mark, the fastest crypto asset to do so. Major firms like Bitwise and Franklin have filed for a spot XRP ETF following its legal clarity. Despite institutional bullishness, XRP’s price is down 9% in two weeks due to market-wide fears. XRP futures on the CME Group just crossed the $1 billion mark in open interest, a historic milestone. The CME Group announced its entire crypto futures suite surpassed $30 billion for the first time, with demand for XRP futures identified as a primary driver. What Is the Big News About XRP Futures on the CME? XRP set a new record as the fastest crypto futures product to ever cross the $1 billion threshold, achieving the feat in just over three months. For comparison, CME’s other billion-dollar crypto futures include Bitcoin at over $16 billion, Ethereum at $10.5 billion, and Solana at $1 billion. Why Does This $1 Billion CME Milestone Matter for XRP? This milestone signals a significant maturation of the XRP market. According to the CME Group, the rapid growth of XRP futures beyond $1 billion is a clear sign of new, sophisticated capital entering the ecosy… The post Wall Street Piles Into XRP: CME Futures Hit $1B, ETF Filings Stack Up appeared first on Coin Edition .
