The Chicago Mercantile Exchange (CME) is reportedly preparing to introduce futures contracts for Solana and XRP. There’s a potential launch date of February 10, contingent on regulatory approval. 

The CME website briefly displayed details of the new offerings before removing the page.

Solana and XRP Futures Trading for Retail Investors

The advert for futures contracts was posted on a beta version of the CEM’s website. While some users claim it to be fake, analysts emphasized that it’s likely.

“Looks like CME is expecting to launch SOL & XRP futures on February 10. But this isn’t available on the actual website yet. Honestly makes sense and largely to be expected if true IMO,” wrote ETF analyst James Seyffart.

According to the leaked advert,  the Solana and XRP futures contracts will be available in both standard and micro sizes. 

The standard SOL contract will have a lot size of 500 SOL, while the micro-contract will include 25 SOL. 

Similarly, XRP standard futures contracts will feature lot sizes of 50,000 XRP, with micro-contracts set at 2,500 XRP. All contracts will settle in US dollars.

The Now Deleted SOL and XRP Futures Advert from the CME Beta Website. Source: CME Group

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Author: Mohammad Shahid

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