Skip to main content

Solana And XRP Join CME Group’s Expanding Futures Options Roster In 2025 – Details

Solana (SOL) and XRP have shown remarkable performance, not just in terms of price, but interest in their futures market has also been sharply rising in this bull cycle. Given the notable performance of their futures market and interest, crucial tools are currently being created to optimize and capture opportunities in the ecosystem.

CME Unveils Solana And XRP Futures Options

In the ongoing cycle, Solana and XRP futures are receiving more attention in the derivatives market, indicating that both institutional and retail traders are becoming more interested. These assets are becoming more prominent alongside Bitcoin and Ethereum in futures trading as liquidity increases and open interest grows.

Amid the rising adoption, Chicago Mercantile Exchange (CME Group), one of the world’s largest derivatives exchanges, has expressed its robust interest in the two leading assets. Specifically, the firm is expanding its crypto offerings with the planned launch of options on Solana and XRP futures.

The action indicates that institutional demand for exposure to digital assets besides Bitcoin and Ethereum is increasing. According to the report, the initiative is still pending regulatory approval and is expected to be unveiled on October 13, 2025.

Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, speaking on the move, stated that the introduction of these options contracts builds on the company’s suite of Solana and XRP futures’ notable expansion and rising liquidity. 

CME Group’s launch of these new products will give clients the ability to trade options on SOL, Micro SOL, XRP, and Micro XRP futures. Once trading begins, expiries will be made available every day of the business week, every month, and every quarter of the year.

It is worth noting that these contracts will be available in two different sizes. By introducing new trading instruments tied to Solana and XRP, the CME Group aims to provide investors with improved flexibility in risk management and seizing opportunities. The firm will be partnering with FalconX to enhance market efficiency and increase derivatives liquidity for its clients.

Notable Futures Contracts Created On The Platform

While options trading is still in the works, the Solana and XRP futures suite from CME Group has grown to be among the business’s most rapidly embraced futures offerings. In the report, the firm highlighted that more than 540,000 SOL futures contracts valued at $22.3 billion have traded since it was introduced on March 17. 

As of August 2025, the average daily volume (ADV) of SOL futures monthly reached 9,000 contracts, valued at $437.4 million in notional. Meanwhile, the average daily open interest (ADOI) reached 12,500 contracts, valued at $895 million in notional.

Such growth has also been observed with its XRP futures, recording more than 370,000 XRP futures contracts worth $16 billion in notional value since launch on May 19. At the same time, the XRP futures saw a record ADOI of 9,300 contracts valued at $942 million in notional value, and a record monthly ADV reached over 6,600 contracts worth $385 million in notional value.

Solana

from Bitcoinist.com https://ift.tt/91qzowr
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin ETFs Post Second Straight Week Of $500 Million Outflow — Details

The US-based spot Bitcoin ETFs (exchange-traded funds) recorded their second consecutive week of significant outflows over the last five-day trading period. This recent run of disappointing performances reflects the ongoing shift in investor sentiment in the United States. Over the past year, strong inflows into the US Bitcoin ETF market have constantly been associated with positive action for the BTC price. Fittingly, the price of Bitcoin has been consolidating over the past few weeks, struggling to pick up any real momentum. Bitcoin ETFs Record Fourth Consecutive Outflow Day According to the latest market data , the US Bitcoin ETFs registered a total daily outflow of $62.77 million on Friday, February 21. This latest round of withdrawals marked the fourth straight day (and the eighth day in the last nine trading days) that the crypto-based products would witness a net capital outflow. The Grayscale Bitcoin Trust (with the ticker GBTC) accounted for a larger percentage of Friday’...
Post a Comment
Read more

Bitcoin Remains Range-Bound As Volatility Declines – Analyst Explains Price Action

Bitcoin has experienced frustrating price action in recent weeks, leaving investors impatient about its short-term direction. The price has been testing crucial supply levels between $98K and $100K, struggling to break out as uncertainty dominates the market. The lack of a clear move has led to speculation about whether BTC is preparing for a breakout or another correction. Adding to the uncertainty, the market was hit by negative news on Friday when crypto exchange Bybit was hacked, resulting in the theft of $1.4 billion in ETH. The incident caused fear and volatility, briefly dragging prices lower. However, Bybit responded quickly to reassure investors, easing some of the initial panic and stabilizing the market. Despite this, Bitcoin continues to consolidate in a tight range. Crypto expert Daan shared an analysis on X, noting that BTC is still ranging while volatility is steadily decreasing. As price compression increases, traders are on high alert for a potential explosive move....
Post a Comment
Read more

OpenSea Dodges A Bullet As SEC Drops Investigation—Details

In a move that many in the crypto industry view as a positive signal, the US Securities and Exchange Commission (SEC) has officially discontinued its investigation into OpenSea, the leading NFT marketplace. This decision concludes months of uncertainty regarding the regulatory status of NFTs and their classification under US securities laws. SEC Decision Signals A Shift On February 21, 2025, Devin Finzer, the CEO and co-founder of OpenSea, said the SEC will not take any enforcement action against the firm. This comes following the August 2024 Wells Notice to OpenSea issued by the SEC, which indicated the possibility of legal action on alleged unregistered securities offenses. The outcome of this case suggests a possible shift in the way authorities handle NFTs, therefore affecting the whole scene of digital assets. For the industry, this outcome has been seen as a major turning point. Though they are in rivalry with OpenSea, Chris Akhavan, the Chief Business Officer of Magic Eden,...
Post a Comment
Read more