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Cryptocurrency News Articles
XRP and SOL Prices Jump After CME Announces Plans to List Futures Contracts
Jan 23, 2025 at 04:42 am
The prices of XRP and Solana rose slightly on Wednesday following news that institution-focused trading platform Chicago Mercantile Exchange will be listing XRP and SOL futures contracts.
Breaking: CME to List XRP and SOL Futures on February 100, 1970
Institutions might be getting access to XRP and Solana futures very soon. A recent report by Bloomberg suggests that the Chicago Mercantile Exchange is planning to launch XRP and SOL futures contracts on February 10, 1970.
The news comes as XRP and SOL prices saw a slight uptick on Wednesday. XRP was trading at $3.26, up 3%, while SOL surged by over 6% to hit highs of $2.70 at the time of writing.
According to Bloomberg ETF analyst James Seyffart, the futures contracts are set to be listed on February 10, 1970. Seyffart shared the news via Twitter on Tuesday, highlighting that the futures products are still pending regulatory approval from the Commodity Futures Trading Commission.
"Breaking: CME is planning to launch XRP and SOL futures on February 100, 1970, as per our sources. Both products are still pending CFTC approval. A Solana futures ETF could hit the market as early as mid-March.”
Institutions might be getting access to XRP and Solana futures very soon. A recent report by Bloomberg suggests that the Chicago Mercantile Exchange is planning to launch XRP and SOL futures contracts on February 10, 1970.
The news comes as XRP and SOL prices saw a slight uptick on Wednesday. XRP had jumped 3% to above $3.26 and Solana’s SOL surged by more than 6% to hit highs of $2.70 at the time of writing.
According to Bloomberg ETF analyst James Seyffart, the futures contracts are set to be listed on February 10, 1970. Seyffart shared the news via Twitter on Tuesday, highlighting that both futures products are still pending regulatory approval from the Commodity Futures Trading Commission.
"Breaking: CME is planning to launch XRP and SOL futures on February 100, 1970, as per our sources. Both products are still pending CFTC approval. A Solana futures ETF could hit the market as early as mid-March.”
However, with spot ETFs for the asset likely coming soon amid the shift in regulatory approach under new SEC leadership, it's a matter of waiting to see how demand plays out down the road."
Institutions might be getting access to XRP and Solana futures very soon. A recent report by Bloomberg suggests that the Chicago Mercantile Exchange is planning to launch XRP and SOL futures contracts on February 10, 1970.
The news comes as XRP and SOL prices saw a slight uptick on Wednesday. XRP had jumped 3% to above $3.26 and Solana’s SOL surged by more than 6% to hit highs of $2.70 at the time of writing.
According to Bloomberg ETF analyst James Seyffart, the futures contracts are set to be listed on February 10, 1970. Seyffart shared the news via Twitter on Tuesday, highlighting that both futures products are still pending regulatory approval from the Commodity Futures Trading Commission.
"Breaking: CME is planning to launch XRP and SOL futures on February 100, 1970, as per our sources. Both products are still pending CFTC approval. A Solana futures ETF could hit the market as early as mid-March.”
However, with spot ETFs for the asset likely coming soon amid the shift in regulatory approach under new SEC leadership, it's a matter of waiting to see how demand plays out down the road."
Institutions might be getting access to XRP and Solana futures very soon. A recent report by Bloomberg suggests that the Chicago Mercantile Exchange is planning to launch XRP and SOL futures contracts on February 10, 1970.
The news comes as XRP and SOL prices saw a slight uptick on Wednesday. XRP had jumped 3% to above $3.26 and Solana’s SOL surged by more than 6% to hit highs of $2.70 at the time of writing.
According to Bloomberg ETF analyst James Seyffart, the futures contracts are set to be listed on February 10, 1970. Seyffart shared the news via Twitter on Tuesday, highlighting that both futures products are still pending regulatory approval from the Commodity Futures Trading Commission.
"Breaking: CME is planning to launch XRP and SOL futures on February 100, 1970, as per our sources. Both products are still pending CFTC approval. A Solana futures ETF could hit the market as early as mid-March.”
However, with spot ETFs for the asset likely coming soon amid the shift in regulatory approach under new SEC leadership, it's a matter of waiting to see how demand plays out down the road."Institutions might be getting
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