Hold onto your hats, folks! The CME Group, an American financial services behemoth, is about to shake things up in the world of cryptocurrency. According to a top-secret report that just leaked like a naughty schoolboy, they’re launching an XRP and Solana Futures Exchange Traded Fund (ETF) in the United States. And get this – they’ve even set up a dedicated page for these new products, highlighting the contract specifications. How fancy!
The CME Group XRP and Solana Futures ETF: A Tale of Four Offerings
According to the product page, the CME Group plans to launch these futures ETFs on February 10th, assuming they get the regulatory approval from the powers that be. The page reveals that there are four distinct offerings covering both Solana and XRP. Let’s dive in, shall we?
First up, we have the SOL Futures, with the ticker symbol “SOL” and a contract size of 500 SOL. Next, we have the Micro SOL Futures, marked with the “MSL” ticker and a contract size of 25 SOL. Not to be outdone, the XRP Futures offerings come with an “XRP” ticker and a whopping 50,000 XRP contract size. Last but not least, we have the Micro XRP Futures, marked with the “MXP” ticker and a much smaller 2,500 XRP contract size.
These CME Group offerings come amid strong expectations that the US SEC will approve SOL and XRP ETFs this year. But remember, folks, this is all still pending regulatory approval. So, keep your fingers crossed and your eyes peeled for updates!
Stay tuned for more exciting news from the world of cryptocurrency! 🤑🚀
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2025-01-22 23:38