How Solana and XRP Futures Became CME’s Fastest Growing Crypto Products► https://t.co/hh1vp45fkE https://t.co/hh1vp45fkE ...

Bitcoin and Ethereum walked, so Solana and XRP could run, according to Giovanni Vicioso, CME Group’s global head of cryptocurrency products. The world’s leading derivatives marketplace began offering futures contracts for the smaller cryptocurrencies earlier this year, and they’re getting a boost from infrastructure and liquidity that wasn’t there before, Vicioso told Decrypt on Wednesday. “These products, hands down, have been our fastest growing,” he said. “Solana and XRP had an ‘accelerating advantage,’ ...

Options on Solana and XRP Futures Begin Trading on CME► https://t.co/BZljLhU2j7 https://t.co/BZljLhU2j7 ...

SINGAPORE – Institutional investors are quickly embracing CME’s futures for XRP (XRP) and solana (SOL), both launched earlier this year, alongside steady growth in bitcoin (BTC) and ether (ETH) derivatives, according to Tim McCourt, the exchange’s Global Head of Equity & FX Products. Speaking at the ongoing Token2049 conference attended by CoinDesk, McCourt stated that total crypto futures open interest, a key indicator of institutional activity, has doubled year-over-year, now reaching $30 to $35 billion ...

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]

Core Insights - CME Group plans to launch options on Solana (SOL) and XRP futures on October 13, 2025, pending regulatory review [1] - The new options will allow trading on SOL, Micro SOL, XRP, and Micro XRP futures with expiries available daily, monthly, and quarterly [1] Group 1: Product Launch and Market Demand - The launch of options contracts is a response to significant growth and increasing liquidity in Solana and XRP futures [2] - These contracts will cater to a wide range of market participants, from institutions to sophisticated individual traders, providing additional choice and flexibility [2] - The demand for institutional hedging tools for Solana and XRP has increased due to the rise of digital asset treasuries [2] Group 2: Trading Highlights - Since their launch, over 540,000 Solana futures contracts have traded, amounting to $22.3 billion in notional value [5] - In August 2025, Solana futures recorded an average daily volume (ADV) of 9,000 contracts ($437.4 million) and an average daily open interest (ADOI) of 12,500 contracts ($895 million) [5] - More than 370,000 XRP futures contracts have traded since launch, totaling $16.2 billion in notional value [5] - XRP futures achieved a record ADV of 6,600 contracts ($385 million) and a record ADOI of 9,300 contracts ($942 million) in August 2025 [5]