XRP futures are the fastest ever to surpass $1 billion open profits (OI), according to Chicago-based Trading Behemoth CME Group.
This happens immediately after the Red-Hot product records a new record of contract counts.
As reported by U.Today, Trading Titan introduced XRP futures in May after launching the Solana-based one.
$30 billion milestone
CME’s cryptocurrency futures surpassed public profits totaling $30 billion for the first time.
Two of the biggest cryptocurrencies, Bitcoin and Ethereum, recorded public interest of $16 billion and $10.5 billion, respectively.
After first introducing regulated Bitcoin futures in late 2017, CME appeared as a major player in the crypto market.
According to Chicago-based Trading Behemoth, the new OI records should be treated as a “huge sign” of market maturity.
XRP prices are wobbling
At the same time, XRP prices continue to struggle amid the broader cryptocurrency market corrections.
Tokens have fallen by more than 2% over the past 24 hours. Earlier this Tuesday, it once again fell below the $2.9 level, reaching a low low of $2.84.
