XRP Futures ETF Goes Live on May 19: Will It Beat ETH And BTC Debut?

CME Group XRP Futures ETF is anticipated to gain $60M in volume on the 1st day of launch amid high demand. Will it beat the BTC and ETH ETF?
By Pooja Khardia
Published: 16 May, 2025 | 12:31:28 PM GMT
XRP Futures ETF Goes Live on May 19: Will It Beat ETH And BTC Debut?

Highlights

  • CME Group will launch an XRP Futures ETF on May 19.
  • The investors' hope for SEC's approval of the spot XRP ETF is rising with the futures launch.
  • Experts suggest that the XRP Futures ETF may struggle to match the performance of the BTC and ETH Futures ETF.

Amid the US SEC’s delayed decision on the spot XRP ETF, a futures one is all set to launch on May 19, 2025. Recently, the derivatives marketplace, CME Group, announced the plans for a Ripple token-based futures exchange-traded fund. Although it is not the desired spot ETF, investors are eyeing this launch for liquidity and to potentially influence the SEC’s decision. Can it also beat the debuts of ETH and BTC futures ETF? Let’s discuss.

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CME XRP Futures ETF Launch Confirmed

CME Group’s XRP Futures ETF will go live on May 19, based on the CME CF XRP-Dollar Reference Rate. Interestingly, it will be launched in two contract sizes, one being a micro-sized contract of 2,500 XRP and the other larger-sized with 50,000 XRP.

CME Group XRP Futures ETF

The Global Head of Cryptocurrency Products at CME Group, Giovanni Vicioso, acknowledged the rising demand for the Ripple token among institutional and retail buyers. More importantly, he emphasized the creation of regulated derivatives for risk management.

Amid this, the Ripple Futures launch, the odds of the spot ETF approval by the SEC are rising on the Polymarket, hitting 83% at press time. This is significant as the Solana ETF decision is delayed. The next in line is the Ripple product-based Franklin Templeton spot ETF due for decision on June 17.

Spot XRP ETF

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Can XRP Futures ETF Beat the ETH and BTC Debut?

The CME Group’s XRP ETF launch is a major event for the cryptocurrency. Crypto analyst, Cypress Demanincor, calls it a significant opportunity, claiming that it could bring large liquidity flows.

It would join CME’s other regulated crypto products, including Bitcoin, Ethereum, and Solana futures ETF. In Q1, they witnessed 141 YoY% with an average daily volume of 198k contracts or $11.3B in notional. Nearly 43k SOL futures were traded, and a similar or better result is expected with the XRP Futures ETF.

Although there’s hype around the Ripple future ETF launch, the odds of its surpassing the ETH and BTC are less.

Bitcoin Futures ETF (BITO), launched by ProShares, received $1 billion in first-day volume and $570M in initial AUM. Similarly, Ethereum’s three futures ETFs collectively received $1.92M in volume on their first day and nearly $20M in initial AUM.

Bitcoin and XRP ETF

Comparing these two and their crypto relative market capitalization and trading volume to XRP’s and other factors, AI Bots like ChatGPT predict that the XRP futures first day volume can come around $60M and estimate AUM at $35M.

ETF Calculation

Although this is just a speculation, the statistical approach indicates restricted performance compared to the other two. Additionally, the Teucrium 2x Long Daily XRP ETF (XXRP) performance and others also hint at a similar result.  The main reason behind this is that the investors are actually hooked to the spot XRP ETF launch.

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Frequently Asked Questions (FAQs)

1. What is the launch date of CME Group’s XRP Futures ETF?

CME Group’s XRP Futures ETF will go live on May 19, 2025.

2. What are the available contract sizes for this Futures ETF?

The two contract sizes are a macro-sized contract of 2,500 XRP and a large-sized contract of 50,000 XRP.

3. Can the XRP Futures ETF influence the SEC’s decision on spot launch?

There are potential changes that could influence their decision depending on their performance post-launch.
Pooja Khardia
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
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