XRP Futures Hit $1B Open Interest in CME's 24/7 Crypto Launch

CME Group recently extended 24/7 trading to Bitcoin, Ethereum, and XRP futures and options, alongside broader coverage including Solana, Cardano, Chainlink, Stellar, Avalanche, and Sui. Ripple Prime served as a day-one clearing partner, enabling continuous margining and collateral movement to support round-the-clock trading without operational interruption.

XRP futures reached $1 billion in open interest shortly after launch, with over 7,200 contracts traded during the first weekend of 24/7 operations, representing approximately $50 million in notional volume. The activity signals early institutional participation in the expanded derivatives framework.