CME Surpasses Binance as Largest Venue for XRP Futures Open Interest
CME has overtaken Binance as the top venue for XRP futures open interest, while spot XRP ETF inflows slowed to roughly $19 million in early September.
Why it matters
The rise of CME as the dominant XRP futures venue signals growing institutional reliance on regulated market infrastructure. However, the significance of this single-source report should be treated with caution given the absence of independent corroboration.
Key facts
CME has overtaken Binance as the largest venue for XRP futures open interest
Reported by DailyCoin
Citadel Advisors expanded its XRP ETF exposure in the second quarter
Reported by DailyCoin
XRP rose about 3% over the five sessions ending September 4
3 %Reported by DailyCoin
21Shares plans to change the valuation method for its XRP product
Reported by DailyCoin
What happened
DailyCoin reported that Chicago Mercantile Exchange has officially overtaken Binance as the largest venue for XRP futures open interest, marking a shift from crypto-native exchanges toward regulated infrastructure. Citadel Advisors expanded its XRP ETF exposure in the second quarter, according to portfolio disclosures cited by the outlet. Spot XRP funds saw inflows of about $19 million for the week ending September 4, down from roughly $110.5 million the prior week, which the report attributed to broader weakness across altcoin fund categories rather than redemptions. 21Shares separately announced plans to alter its XRP valuation methodology, though the article did not specify the new approach.
How the story developed
- First report
First report by DailyCoin
CME Takes The XRP Crown With Regulated Rails Filling In
- Update
CME overtakes Binance as largest XRP futures venue
- Update
Citadel Advisors discloses expanded XRP ETF exposure for Q2
- Update
21Shares announces plans to alter XRP valuation methodology
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| DailyCoin Crypto media | CME Takes The XRP Crown With Regulated Rails Filling In | Original |
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