CME launches spot-quoted XRP and SOL futures to expand crypto offering
Crypto Briefing
CME Group introduced spot-quoted XRP and SOL futures contracts to broaden its cryptocurrency derivatives market.Summary
CME Group has expanded its cryptocurrency derivatives offerings by launching spot-quoted futures contracts for XRP and SOL, moving beyond its existing Bitcoin and Ether products. These new contracts are designed to offer increased precision and accessibility to everyday traders, featuring smaller sizes and longer expiries that eliminate the need for periodic position rolls. Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, noted the strong demand for their existing spot-quoted Bitcoin and Ether futures, which have seen significant trading volume since their launch in June. The new XRP and SOL futures are available to trade across the four major US equity indices.
(Source：Crypto Briefing)