XRP is attracting new attention from traditional funds as new products are being rolled out in both the securities and derivatives markets, expanding access points for token exposure.
At the time of writing, XRP had fallen by almost 1% in the last 24 hours, trading around $3.0263, according to Coindesk data.
On September 18th, Rex Shares and Osprey Funds will debut the first US-listed Exchange-Traded Funds (ETFs) associated with XRP and Dogecoin. Doge$0.2746 CBOE BZX Exchange under ticker XRPR and Doje. However, these products are not entirely “pure” spot funds.
Bloomberg Intelligence Analyst James Seyfert wrote to X that the funds were not “pure” spot products. Instead, they are structured to hold XRP and Doge directly, while simultaneously investing in other spot ETFs from outside the US to achieve exposure. Seyffart emphasized that this is not a major approach, but their submissions also include languages that allow derivatives to be used for exposure.
This structure reflects the reality of building a US regulated cryptographic ETF, where sponsors can be layered with indirect exposure. Still, the first time an American Brokerage account can access ETFs focused on XRP and Doge shows that it can only be accessed beyond the bitcoin and ether that dominates the ETF landscape.
Less than a month later, CME Group plans to deepen its lineup of crypto derivatives by listing XRP and Solana options Sol$240.70 The future covers October 13th, where regulatory reviews are pending.
Options are listed in both standard contracts and their small “micro” versions, and are offered to institutions, trading desks and active individuals alike. Expiration date options include monthly, monthly and quarterly business days, and include a broader terminology structure to manage exposure.
The exchange said the decision follows strong growth in new Altcoin futures.
Since March, Sol Futures has recorded more than 540,000 contracts (a concept of about $22.3 billion), but more than 370,000 contracts have been changed in May (a concept of about $16.2 billion). Market participants, including Cumberland and Falcons, welcomed the addition, citing the need for hedging tools beyond Bitcoin and ether.
Headquartered in Chicago, CME Group operates the world’s largest regulated derivatives market. This market lists the listed crypto futures and options, allowing participants to hedge positions with central liquidation and margins. Adding XRP and SOL options is based on the company’s progression from Bitcoin and Ether to a wider set of liquid tokens.
