Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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

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!