CME to Launch Options on Solana and XRP Futures

CME Group, a leading global derivatives exchange, will introduce options trading for its Solana (SOL) and XRP futures on October 13, subject to regulatory approval.

The new products will include standard and micro-sized contracts with daily, monthly, and quarterly expirations, offering institutional and active traders enhanced tools for risk management and strategic positioning.

The move follows substantial growth in CME’s existing SOL and XRP futures, which have recorded notional volumes of $22.3 billion and $16.2 billion, respectively, since their launches earlier this year.