XRP Institutional Boom: CME Hits $235M, SEC Approves First US ETF

XRP is gaining unprecedented institutional traction, with CME’s XRP futures smashing records at $235 million in daily volume—the highest since their May launch—while ProShares secures SEC approval for the first U.S.-listed leveraged XRP ETF (UXRP) on NYSE Arca. The surge in CME’s futures, which have now traded over $1.6 billion in notional value, underscores growing institutional appetite, with micro and standard contracts attracting both retail and professional traders. Meanwhile, 3iQ’s Canadian XRP ETF has surpassed $50 million in assets, further validating global demand for regulated Ripple products.

CME’s XRP futures are making waves with $235 million in trading volume in a single day, highlighting institutional interest and global demand. The SEC has approved the first U.S.-listed leveraged XRP ETF, set to launch soon. Meanwhile, 3iQ’s Canadian XRP… https://t.co/XWs0PB2XnE

— BVOX TOP Crypto Exchange | FanClub (@TokenCryptoSpot) July 16, 2025

The explosive growth in CME’s XRP derivatives—where 45% of volume originates outside North America—highlights XRP’s expanding global footprint. ProShares’ UXRP ETF, set to debut imminently, marks a watershed moment, offering leveraged exposure without direct token ownership. This regulatory momentum aligns with Ripple’s strategic push for a U.S. banking license and MiCA compliance in Europe, reinforcing XRP’s shift toward institutional-grade infrastructure. As futures volumes and ETF inflows climb, analysts see these developments as critical steps in bridging crypto markets with traditional finance.

Key XRP Levels To Watch – July 16

XRP has displayed strong bullish signals following its rebound from the $2.000 support level. After forming a head-and-shoulders pattern, the price surged past the Lorentizan Classification string, confirming upward momentum. A decisive break of structure (BOS) above $2.340 triggered a rally to $3.000, supported by the Hull Butterfly Oscillator’s strengthening bullish bias. While the price has paused at $3.000 to consolidate, the next key target sits at the swing high of $3.380.

XRPUSD Key Levels:

Demand Levels: $2.6500, 3.3400, 1.6200
Supply Levels: $3.0000, $3.4000, $4.0000

Ripple Metrics

Total Market Capitalization: $3.76T
XRP Market Capitalization: $175B
Ripple Volume: $6.5B
Market Rank: #3

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