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First U.S. XRP ETF Launches Sept. 18, CME Lists XRP Options Oct. 13
New financial products are increasing access to XRP, attracting interest from traditional finance:
- XRP is trading at approximately $3.0263, a slight decrease of nearly 1% in the past 24 hours.
- On Sept. 18, REX Shares and Osprey Funds will launch U.S.-listed ETFs for XRP and Dogecoin (DOGE) on Cboe BZX Exchange with tickers XRPR and DOJE.
- The ETFs will directly hold XRP and DOGE but may also use other spot ETFs and derivatives for exposure.
- This marks the first availability of XRP- and DOGE-focused ETFs in U.S. brokerage accounts, previously dominated by Bitcoin and Ether.
- CME Group plans to list options on XRP and Solana (SOL) futures on Oct. 13, pending regulatory approval.
- These options will be available in standard and "micro" versions with various expiry choices to manage exposures.
- Since March, SOL futures have traded over 540,000 contracts (~$22.3 billion), and XRP futures, introduced in May, over 370,000 contracts (~$16.2 billion).
CME Group's expansion into XRP and SOL reflects growing interest in diverse crypto assets beyond Bitcoin and Ether, providing new hedging tools for market participants.