Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
CME Group to launch Solana and XRP options amid surging futures demand

CME Group to launch Solana and XRP options amid surging futures demand

CryptoSlateCryptoSlate2025/09/17 13:56
By:Oluwapelumi Adejumo

CME Group announced it would launch options tied to Solana (SOL) and XRP futures by Oct. 13, according to a Sept. 17 statement.

According to the firm, the options product will be offered on standard and micro contracts for both tokens, with expiries available weekly throughout the year.

The exchange said these contracts are designed to meet growing demand from institutions and professional traders looking for tools beyond Bitcoin and Ethereum.

Unlike its futures product, which binds traders to buy or sell at a set price on a future date, the options product provides investors with the right, but not the obligation, to enter into those contracts. That flexibility allows market participants to hedge downside risks or leverage price movements more precisely.

Giovanni Vicioso, CME’s global head of crypto products, said:

“The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures.”

Notably, CME’s decision builds on months of rising liquidity in its existing Solana and XRP futures.

Since debuting SOL futures in March, more than 540,000 contracts have changed hands, representing $22.3 billion in notional value. Trading momentum peaked in August, when open interest reached 12,500 contracts valued at nearly $900 million.

On the other hand, XRP futures, which launched in May, have also generated comparable activity.

The exchange reports more than 370,000 contracts traded to date, worth $16.2 billion in aggregate. Average daily volumes have climbed to 6,600 contracts, with open interest recently touching $942 million.

Considering this, the exchange argued that this liquidity proves there is sufficient demand to sustain a parallel options market.

The exchange is coordinating with major liquidity providers, including Cumberland and FalconX, to support the launch.

Joshua Lim, global co-head of markets at FalconX, said:

“The rise of digital asset treasuries and other access vehicles for crypto has only accelerated the need for institutional hedging tools on Solana and XRP.”

The post CME Group to launch Solana and XRP options amid surging futures demand appeared first on CryptoSlate.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum’s major 2025 upgrade completed: a faster and cheaper mainnet has arrived

On December 4, Ethereum's second major upgrade of the year, Fusaka (corresponding to Epoch 411392), was officially activated on the Ethereum mainnet.

BlockBeats2025/12/05 22:11
Ethereum’s major 2025 upgrade completed: a faster and cheaper mainnet has arrived

Durov's new project: Want to mine TON on Cocoon? Ordinary people can't afford to play

Want to mine TON on Cocoon? The starting capital is 250,000; ordinary people shouldn't dream of becoming a "computing power landlord."

ForesightNews 速递2025/12/05 21:54
Durov's new project: Want to mine TON on Cocoon? Ordinary people can't afford to play

"If you're afraid, buy bitcoin": BlackRock CEO calls bitcoin a "panic asset", says sovereign funds have quietly increased their holdings

BlackRock CEO Larry Fink defines Bitcoin not as a "hope asset," but as a "panic asset."

ForesightNews 速递2025/12/05 21:53
"If you're afraid, buy bitcoin": BlackRock CEO calls bitcoin a "panic asset", says sovereign funds have quietly increased their holdings

Stablecoin Legislation Booms Globally, Why Is China Taking the Opposite Approach? An Article to Understand the Real National Strategic Choices

Amid the global surge in stablecoin legislation, China has chosen to firmly curb stablecoins and other virtual currencies, while accelerating the development of the digital yuan to safeguard national security and monetary sovereignty. Summary generated by Mars AI. This summary is produced by the Mars AI model and its accuracy and completeness are still being iteratively improved.

MarsBit2025/12/05 20:24
Stablecoin Legislation Booms Globally, Why Is China Taking the Opposite Approach? An Article to Understand the Real National Strategic Choices
© 2025 Bitget