RT CME Group (@CMEGroup)September's Crypto futures and options highlights. 📈→ Crypto options daily OI reached a record $7.1B.→ 1,014 large open interest holders.→ SOL futures hit $2.1B notional OI, becoming the fastest contract to double OI past $1B.→ Ether futures suite set a daily average OI record: 203K contracts ($8B).→ Options on XRP and Solana futures launching October 13.*➡️ https://t.co/wrOr7QXvsz*Pending regulatory review ...

Market Trends & Growth - SOL futures trading volume surpasses $12 billion on a major regulated derivatives exchange [1] - Solana (SOL) futures product reached its highest-ever open interest last week, exceeding 9500 contracts on August 14 [1] Solana Ecosystem - The increasing open interest in SOL futures indicates the continued growth and maturity of the Solana ecosystem [1]

Core Insights - CME Group plans to launch XRP futures on May 19, pending regulatory review, offering both micro-sized (2,500 XRP) and larger-sized contracts (50,000 XRP) [1][2] - The introduction of XRP futures is a response to growing interest in regulated derivatives products for managing risks in the digital asset landscape, particularly as institutional and retail adoption of XRP increases [2][3] Company Developments - XRP futures will be cash-settled and based on the CME CF XRP-Dollar Reference Rate, calculated daily at 4:00 p.m. London time [2] - The new XRP futures will expand CME Group's crypto product suite, which already includes Bitcoin, Ether futures, and recently launched SOL futures [3] - Robinhood plans to offer CME Group XRP futures, enhancing retail access to futures trading and allowing customers to trade 40 futures products on its platform [3] Market Context - The Teucrium 2x Daily Long XRP ETF (XXRP) achieved $35 million in assets under management (AUM) within its first 10 trading days, indicating strong investor demand for regulated access to digital assets [3] - CME Group's average daily volume for contracts reached 198,000 ($11.3 billion in notional), up 141% year-over-year, while average open interest was 251,000 contracts ($21.8 billion in notional), up 83% year-over-year [6]