CME Group to Launch Solana and XRP Futures Options as Institutional Interest Surges

Jakarta, Pintu News – CME Group, the world’s largest derivatives exchange, recently announced that it will launch futures options for Solana (SOL) and Ripple (XRP). The decision comes as demand from institutional and retail investors for the two cryptocurrencies has increased.

The launch of the new product is scheduled for October 13, 2025, pending regulatory approval. This marks another major step in the diversification of crypto derivatives products by CME Group.

Launch and Product Details

The new products to be launched include options on Solana SOL, Micro Solana, Ripple and Micro Ripple futures. CME Group will offer weekday expirations on a monthly and quarterly basis, providing more flexibility for market participants.

Read also: Surging Social Interest and Growing Demand: Is Solana (SOL) Ready to Soar?

Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group, emphasized that the new contracts are designed to meet demand from institutions, hedge funds, and active retail traders. The contracts will be available through the CME Globex platform and will be cleared by CME Clearing.

This allows participants to benefit from a secure system with strong risk management. Vicioso also added that the new contract will provide additional tools for risk management and exposure strategies.

Growing Trade Volume

Since their launch earlier this year, Solana and Ripple futures have continued to gain popularity. Records have been set with over 540,000 Solana futures contracts having been traded since March, with a value of over $22 billion.

Meanwhile, Ripple futures have also shown strong momentum with more than 370,000 contracts traded since its debut in May, representing a nominal value of $16.2 billion. In August, Solana contracts reached a record 9,000 contracts with a value of $437 million, and open interest reached a record 12,500 contracts.

For XRP, average daily volume reached 6,600 contracts worth $385 million last month, with open interest reaching 9,300 contracts, worth $942 million.

Read also: XRP Price Prediction Soars, Is $4 the Next Target?

Market Reaction to Announcements

While this announcement is big news, there has not been a significant impact on SOL and XRP prices. As of September 17, SOL price was trading at $234.80, down 0.93% on the day, after the previous session’s close of $237.01. Despite the daily decline, Solana has seen a gain of 8.14% over the last week and 22.91% in the last month.

Meanwhile, the price of XRP has also shown steady momentum in recent trading sessions. The token was trading at $3.02, down 0.58% on the day. Over the past week, XRP gained 2.37%, although it has slightly dropped 2.31% in the last month.

Overall, with the launch of Solana and XRP futures options, CME Group continues to strengthen its position as a leader in crypto derivatives. This not only demonstrates CME’s adaptation to market trends, but also provides new opportunities for investors to manage risk and enhance their investment strategies in the volatile crypto market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Breaking: CME Group to Launch Solana and XRP Futures Options. Accessed on September 18, 2025