CME Group to Launch Solana Futures on March 17
- CME Group will debut Solana (SOL) futures on March 17, pending regulatory review.
- The launch includes both micro and larger-sized contracts.
- Contracts will be cash-settled based on the CME CF Solana-Dollar Reference Rate.
- CME’s existing crypto suite includes Bitcoin and Ether futures and options.
- Year-to-date average daily volume is up 73%, with open interest up 55% year-over-year.
The introduction of Solana futures by CME Group reflects growing demand for regulated cryptocurrency products, expanding their offerings beyond Bitcoin and Ether. The move is part of a broader trend in the maturation of the cryptocurrency market.
Source (2.6)https://cryptobriefing.com/cme-group-solana-futures-launch/?rand=59535