Ripple News: XRP Dominates CME Q3 Crypto Activity

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Why Is XRP Price Dropping Despite Spot ETF Record on Day One

The post Ripple News: XRP Dominates CME Q3 Crypto Activity appeared first on Coinpedia Fintech News

In May, CME Group, the largest derivatives marketplace in the U.S., launched XRP futures, joining its existing offerings for Bitcoin, Ethereum, and Solana. In its ‘CME Group 3Q 2025 Earnings Introductory Script,’ the company reported impressive growth in crypto trading during Q3 2025.

XRP and Solana Futures See Massive Growth

XRP futures, which traded over $19 million in notional volume on their first day, have surged since their launch. CME reported a record average daily trading volume (ADV) of 340,000 crypto contracts, marking a 225% year-over-year (YoY) increase.

Terrence A. Duffy, Chairman and CEO of CME Group, said the growth is largely driven by the early success of XRP and Solana futures. The firm’s broader product range also contributed to growth, including record volumes in credit futures, 1-ounce gold futures, and agricultural weekly options.

CME offers XRP futures in micro-sized contracts (2,500 XRP) and larger contracts (50,000 XRP), providing flexibility and attracting a wide range of market participants.

Highlights of CME Group Q3 Earnings

In Q3 2025, CME Group recorded an ADV of 25.3 million contracts, the second-highest Q3 ADV in the company’s history. Open interest reached 126 million contracts at the end of the quarter, the highest for September in the past five years, with growth continuing into October.

Total revenue for the quarter was approximately $1.5 billion, a 3% decline compared to Q3 2024. Net income reached $978 million, with capital expenditures of about $19 million and cash reserves totaling roughly $2.6 billion.

What’s Next? Modernizing Services

Looking ahead, CME aims to evolve its services to meet client needs and sustain strong performance. The firm plans to launch 24/7 trading for cryptocurrency futures and options early next year. Duffy also announced a new partnership with online gambling company FanDuel to introduce event-based contracts later this year.

“While we are proud of the record results we have delivered over the last several years, our focus will always be on the future needs of our customers and how we can continue to evolve to meet those needs,” he added. 

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