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XRP Futures ETF becomes the fastest CME contract to strike an open interest of $ 1 billion star-news.press/wp

XRP has set a new standard in the largest place in the Wall Street encryption trading, The Chicago Mercantile Exchange (CME). Ripple’s power code has become the fastest CME contract in history to exceed one billion dollars in open interest (OI).

The symbol has crossed this teacher within a little more than three months since its launch in May 2025.

Futures growth registry supervises new speculation for the approval of Spot XRP ETF

The CME group confirmed the achievement on an update on August 26, describing it as a sign of an increase in entitlement in the marketing of encryption derivatives.

“Our Crypto Futures group has exceeded only $ 30 billion in virtual open interest for the first time. We have the future of Sol and XRP, along with ETH options, each of which has one billion dollars in OI, with XRP insert the fastest nodes, and hit the brand in slightly more than books.

XRP future size and open interest. source: CME group

The XRP height speed on CME has fueled a new round of speculation about the possibility of Spot XRP ETF.

Nate Geraci, ETF head, noted that XRP has already more than $ 800 million in future investment funds. In his opinion, the demand for immediate products is reduced.

“The CME Group says that future XRP contracts have exceeded more than billions of dollars in open interest … the fastest contract ever. He said.

The prediction markets seem to be consistent, as they are currently determining an 82 % chance for ETF consensus from ripples before the end of 2025.

XRP ETF approval possibilities
XRP ETF probability approval. source: Polymarket

This landmark comes against the backdrop of the XRP contradictory market. With the market formation of about $ 178 billion, XRP is the third largest encrypted currency in the world.

On paper, it is greater than the asset management giant BlackrockThe market value was 176 billion dollars to this writing.

However, according to Nate Girassy, ​​it remains among the most extremely extracted professionals. The lawyer for XRP John E. Diton is this opinion.

“XRP is the most hated encryption by traders/institutional professionals and professionals. XRP is the most popular encryption by investors/retail holders,” books Diton.

Determine this tension between institutional suspicion and popular loyalty for a long time.

Retail holders adopt a distinctive symbol that has the potential to depend on the benefit, and therefore “XRP has the following worship”.

Meanwhile, institutions remain cautious because of the recently concluded Ripple battles with American organizers.

Provides the signs of suspicion of the value of XRP in the long run

However, not everyone is convinced that the future XRP success will translate into a long -term value.

Some critics argue that stablecoins, smart contracts, and Oracle Solutions such as ChainLink have been shattered the original function of the original as a bridge currency.

They claim that bridge symbols face structural restrictions, because every purchase of transaction purposes is matched immediately, resulting in the pressure of a neutral request.

Ledger XRP itself was also criticized for adoption and limited functions compared to more features rich in features.

Although the momentum on CME talks about itself, investors are not patient about the price of XRP.

Until these lines, XRP has been traded for $ 3.00, an increase of more than 3 % in the past 24 hours.

Ripple Prices (XRP)
XRP price performance. Source: beincrypto

XRP’s height to one billion dollars in open interest indicates that capital flows widely. This may be towards speculation, hedging, or acquisition of potential organizational subscriptions.

If the organizers agree on the ETF spot, then this decisive test will be removed if the XRP retail base will be removed. It can also reveal whether the growing futures market can be translated into an ongoing institutional adoption.

ETF Future Post XRP FUTURE becomes the fastest CME contract to reach $ 1 billion in the open interest that first appeared on Beincrypto.

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2025-08-27 07:32:00

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