Summary
⚈ Robinhood will offer XRP options to retail investors to boost market accessibility.
⚈ CME partnership could drive XRP adoption, liquidity, and institutional trading interest.
XRP options are set to launch through CME Group’s marketplaces starting May 19, 2025.
Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple Labs, dubbed the development a major, though overdue milestone in an April 24 X post.
“While overdue in a bunch of ways, this is an incredibly important and exciting step in the continued growth of the XRP market!”
Pending regulatory approval, derivatives traders will be able to trade micro-sized (2,500 XRP) and standard-sized (50,000 XRP) options contracts, which will be cash settled based on CME’s CF XRP-Dollar Reference Rate, which is calculated each day at 4.00 PM London time.
In addition, in a bid to bring XRP options to the wider retail investing audience, the derivatives will be available via Robinhood’s trading platform.
Widespread adoption of XRP options could ameliorate key weakness
At the time of writing on April 25, XRP was changing hands at $2.19, having marked a 5.45% surge in the last seven days. The XRP network has seen a sharp increase in activity as well, and technical analysts are expecting elevated volatility going forward.

In sharp contrast, the token’s open interest — a measure of derivatives positions — is near a 1-year low.
With the CME partnership in place, XRP stands to benefit from greater institutional adoption, increased visibility, and deeper liquidity.
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