Leaks from the Chicago Mercantile Exchange (CME) website suggest that trading in XRP and Solana (SOL) futures could begin on February 10, subject to regulatory approval. According to CoinGecko, this unconfirmed news immediately triggered a 3% rise in both XRP and SOL.
The subdomain, first revealed under the nickname Summers and confirmed by Bloomberg ETF analysts James Seyfarth and Eric Bartunas, is a regulated, capital efficient subdomain for two major crypto assets. The company revealed plans to create futures where both standard and micro contracts will be available. The smaller contracts are intended to give traders more flexibility in managing risk and expanding positions.
The domain was removed shortly after discovery.
Seyfarth said that if the beachhead accurately reflects CME's plans, a February 10 launch is quite possible. A Feb. 10 launch is quite possible, he noted. He added that such a move was largely expected.
According to the contract specifications outlined on this page, standard #Solana futures trade in 500 #SOL units and Solana micro futures trade in 25 SOL units.
#XRP futures are traded in 50,000 XRP units and micro contracts are traded in 2,000 XRP units. and micro contracts are traded in units of 2,500 XRP. All contracts are settled in U. S. dollars and support a variety of trading methods including outright futures, basis-based index closure (BTIC) and #blockchain .
monthly futures trading will include BTIC and blockchain capabilities.
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