CME Group to Launch Solana Futures Amid Growing Crypto Demand
- CME Group plans to introduce Solana (SOL) futures on March 17.
- Contracts will be available in two sizes: 25 SOL and 500 SOL.
- The futures will be cash-settled using the CME CF Solana-Dollar Reference Rate.
- CME’s average daily volume of contracts increased by 73% from the previous year.
- Industry leaders see this as a step toward greater institutional adoption of crypto.
CME Group is set to launch Solana futures on March 17, offering contracts in sizes of 25 and 500 SOL. This move comes as CME reports a significant growth in trading activity, with a 73% increase in average daily contract volume from last year. The new futures are expected to further institutionalize cryptocurrency trading.
Source (2.6)https://www.coindesk.com/markets/2025/02/28/cme-group-to-launch-solana-futures-as-demand-for-crypto-derivatives-grows?rand=52298
