XRP ETF & CME Options: Crypto’s Big Leap or Just a Meme? 🚀💸

Markets

What to know: (or how to sound smart at your next Zoom happy hour 🍸)

  • REX-Osprey is launching the first U.S.-listed spot ETFs for XRP and DOGE on Sept. 18 under the tickers XRPR and DOJE. Because nothing says “financial innovation” like a meme coin ETF. 🐶📈
  • CME Group said it plans to introduce options on XRP and SOL futures on Oct. 13, subject to regulatory review. Because who doesn’t love more ways to bet on crypto? 🎲💰

XRP is finally getting its moment in the spotlight, thanks to traditional finance deciding it’s not just a punchline anymore. New products are rolling out faster than Liz Lemon’s one-liners, giving everyone more ways to get in on the action. 🎉

At the time of writing, XRP was trading around $3.0263, down nearly 1% over the past 24 hours. Because even crypto can’t escape a bad hair day. 💇‍♂️💸

On Sept. 18, REX Shares and Osprey Funds are dropping the first U.S.-listed ETFs tied to XRP and Dogecoin on the Cboe BZX Exchange. Tickers? XRPR and DOJE. Cute, right? But don’t get too excited-these aren’t your grandma’s “pure” spot funds. They’re more like a crypto salad: a little XRP, a little DOGE, and some international ETFs thrown in for flavor. 🥗

Bloomberg’s James Seyffart (aka the crypto whisperer) spilled the tea on X: these funds are structured to hold XRP and DOGE directly but also invest in other spot ETFs from outside the U.S. And yes, they *could* use derivatives if they’re feeling spicy. But let’s be real, that’s not the main course. 🌶️

This is America, baby! Where crypto ETFs are as complicated as a 30 Rock plotline. But hey, it’s progress. Now your brokerage account can finally get in on XRP and DOGE, not just Bitcoin and Ether. Diversity, people! 🌈

And just when you thought it couldn’t get more exciting, CME Group is like, “Hold my latte ☕-we’re adding options on XRP and Solana futures on Oct. 13.” Pending regulatory review, of course. Because nothing in crypto is simple. 🤷‍♀️

These options will come in standard and “micro” sizes, perfect for institutions, trading desks, and that one friend who thinks they’re a crypto genius. Expiry dates? Every business day, month, and quarter. Because why not? 📅

CME says this move is thanks to the “strong growth” in their altcoin futures. Since March, SOL futures have traded over $22.3 billion notional, and XRP futures (since May) have hit $16.2 billion. Cumberland and FalconX are cheering from the sidelines, because hedging tools are the new black. 🖤

Based in Chicago, CME Group is basically the Beyoncé of derivatives markets. Their crypto futures and options let you hedge like a pro, with central clearing and margining. Adding XRP and SOL options? Just another step in their world domination plan. 🌍👑

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2025-09-18 00:56