XRP Makes U.S. ETF Debut on Sept. 18; CME to Introduce Futures Options Oct. 13

XRP Expands Market Access with U.S. ETF Launch and CME Options

XRP is set for wider market participation with new products in both the securities and derivatives markets. On September 18, REX Shares and Osprey Funds will debut the first U.S.-listed XRP ETF, while CME Group plans to list options on XRP futures on October 13, pending regulatory approval.

At the time of writing, XRP was trading near $3.0263, down about 1% over the past 24 hours, according to CoinDesk Data.

The ETFs, which will also include a Dogecoin product under the tickers XRPR and DOJE on the Cboe BZX Exchange, are not fully “pure” spot funds. Bloomberg Intelligence analyst James Seyffart noted that the ETFs are structured to hold the tokens directly while also investing in other spot ETFs from outside the U.S. Filings also allow for derivatives usage if necessary, though it is not the primary approach.

These launches mark the first time U.S. brokerage accounts can access XRP- and DOGE-focused ETFs, expanding beyond Bitcoin and Ethereum, which currently dominate the ETF market.

CME Group will follow with options on XRP and Solana (SOL) futures. The contracts, including both standard and micro sizes, will offer expiries every business day, monthly, and quarterly. The move responds to strong activity in CME’s altcoin futures markets: SOL futures have traded over 540,000 contracts ($22.3 billion notional) since March, while XRP futures have seen 370,000 contracts ($16.2 billion notional) since May.

CME, headquartered in Chicago, operates the world’s largest regulated derivatives marketplace. Adding XRP and SOL options continues the firm’s expansion from Bitcoin and Ethereum into a broader range of liquid crypto tokens, providing traders with more tools for hedging and risk management.

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