CME Group Launches Spot-Quoted XRP and Solana Futures, Expanding Crypto Derivatives Market

CME Group, the world's leading derivatives marketplace, has announced a significant expansion of its cryptocurrency offerings. The company is set to launch futures contracts for XRP and Solana (SOL), which will be settled based on a spot price reference rate. This move follows the successful introduction of Bitcoin and Ethereum futures and options, signaling growing institutional demand for regulated crypto exposure. The new XRP and Solana futures are expected to begin trading in the coming months, pending regulatory review. This development provides professional traders with new tools for hedging and speculation, while further legitimizing these major altcoins in the traditional financial landscape. The contracts will be cash-settled and based on the CME CF Bitcoin-Ether-Dollar and CME CF Solana-Dollar reference rates, ensuring transparency and reliability.