CME leak suggests XRP, Solana futures could launch on February 10


Key Takeaways

  • CME plans to launch XRP and Solana futures on February 10, pending regulatory approval.
  • The futures will include standard and micro-sized contracts for flexible trading options.

Share this article

A leaked page from the Chicago Mercantile Exchange (CME) staging website suggests that futures trading for XRP and Solana (SOL) could launch on February 10, subject to regulatory approval. The unconfirmed news triggered an immediate 3% surge in both XRP and SOL, per CoinGecko.

The subdomain, first discovered by X handle “Summers” and confirmed by Bloomberg ETF analysts James Seyffart and Eric Balchunas, revealed plans for “regulated, capital-efficient futures” on two leading crypto assets, with both standard and micro-sized contracts available. The smaller contracts aim to provide traders with enhanced flexibility in risk management and position scaling.

The domain was taken down shortly after it was discovered.

Source: @SummersThings

Seyffart noted that if the staging site accurately reflects the CME’s plans, the February 10 launch date is likely. He added that such a move is “largely to be expected.”

According to the contract specifications outlined on the page, standard Solana futures will be traded in 500 SOL increments, while micro Solana futures will be traded in 25 SOL units.

XRP futures will be available in 50,000 XRP units, with micro contracts sized at 2,500 XRP. All contracts will be settled financially in US dollars and support multiple trading methods, including outright futures, basis trades at index close (BTIC), and block trades.

The monthly futures contracts will include BTIC and block trading functionality upon launch.

The CME has not yet issued a statement confirming either the accuracy of the information found on its staging website or the launch of SOL and XRP futures trading.

Share this article

  • Umair

    Muhammad Umair is a passionate content creator, web developer, and tech enthusiast. With years of experience in developing dynamic websites and curating engaging content, he specializes in delivering accurate, informative, and up-to-date articles across diverse topics. From gaming and technology to crypto and world news, Umair's expertise ensures a seamless blend of technical knowledge and captivating storytelling. When he's not writing or coding, he enjoys gaming and exploring the latest trends in the tech world.

    Related Posts

    ‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO

    Swedish fintech giant Klarna has finally succumbed to pressure from its 80+ million user base to offer crypto services. The development comes as the company prepares for its highly anticipated…

    Swedish Fintech Giant Klarna Explores Crypto Integration Amid Industry Shift 

    Swedish fintech innovator Klarna is exploring cryptocurrency integration within its platform, signaling a strategic pivot amid preparations for a prospective U.S. IPO. $15B IPO and the Possibility of Crypto In…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    ‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO

    • By Umair
    • February 9, 2025
    • 3 views
    ‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO

    Swedish Fintech Giant Klarna Explores Crypto Integration Amid Industry Shift 

    • By Umair
    • February 9, 2025
    • 4 views
    Swedish Fintech Giant Klarna Explores Crypto Integration Amid Industry Shift 

    Reese Witherspoon is ‘available’ for NFL’s ‘Chiefs, Eagles’

    • By Umair
    • February 9, 2025
    • 3 views
    Reese Witherspoon is ‘available’ for NFL’s ‘Chiefs, Eagles’

    Trump says he will announce new tariffs on aluminum, steel imports on Monday

    • By Umair
    • February 9, 2025
    • 1 views
    Trump says he will announce new tariffs on aluminum, steel imports on Monday

    XRP futures open interest drops 37% — Are altcoin traders jumping ship?

    • By Umair
    • February 9, 2025
    • 3 views

    Richard Gere gives strong statement on America’s current Presidentship

    • By Umair
    • February 9, 2025
    • 2 views
    Richard Gere gives strong statement on America’s current Presidentship