CME to Launch XRP and Solana Futures on Feb 10, Paving Way for ETFs

Jan 22, 2025, 07:57 PM

CME Group is set to launch futures contracts for XRP and Solana (SOL) on February 10, pending regulatory approval, as noted by Bloomberg ETF analyst Eric Balchunas. The offerings will include standard contracts of 50,000 XRP and 500 SOL, as well as micro-sized contracts, featuring BTIC and block functionality. The announcement was initially spotted on CME's staging website. Market observers suggest that this move could pave the way for potential ETFs, with a Solana futures ETF possibly arriving by mid-March. Following the news, prices of XRP and SOL have risen.