X @BSCN

Market Expansion - CME Group will launch options on Solana and XRP futures on October 13, pending regulatory approval [1] - The move expands CME's crypto suite beyond Bitcoin and Ether, offering institutions and active traders more tools [1] - The contracts will be available in both standard and micro sizes, with daily, monthly, and quarterly expiries [1] Contract Performance - Since March, over 540,000 Solana futures contracts worth $223 billion have traded [2] - XRP futures, introduced in May, have seen 370,000 contracts worth $162 billion [3] - In August, Solana futures averaged $437 million in daily notional volume, and XRP futures averaged $385 million [3] Industry Perspective - CME's additions respond to "significant growth and increasing liquidity" in Solana and XRP markets [3] - Partners including Cumberland and FalconX backed the move, pointing to growing institutional demand for regulated exposure beyond Bitcoin and Ether [3] - CME is positioning itself at the center of the next phase of digital asset trading, following the growth in demand for regulated Bitcoin and Ether futures since 2017 and 2021 respectively [4]