- CME Group stays silent on Solana and XRP futures launch, fueling speculation after leaked images hint at February 10 launch date.
- CME Leaked images show Solana futures at 500 SOL and XRP futures at 50,000 XRP, but experts remain uncertain of their authenticity.
- SEC reviews 33 crypto-related ETF filings, including Solana and XRP, as demand grows for digital asset investment products.
The leading financial exchange group CME Group prepares to introduce trading opportunities for both Solana (SOL) and XRP based on leaked user discoveries. According to reports as of January 22 the CME Group remains silent on whether these claims are true which increases market uncertainty.
CME Futures Market Speculation
Summers posted an X screenshot of Solana and XRP futures before official launch dates. The internet page appeared briefly then vanished bearing a set launch day of February 10. The evidence revealed ticket specifics about how much trading would happen and whether payments settled in cash.
Research lead Alex Thorn from Galaxy Digital published screenshots that broke down the proposed contracts. Each Solana futures contract would represent 500 SOL tokens and 25 SOL tokens within its micro equivalent. The minimum trading unit for XRP futures will be 50,000 XRP coins with a smaller option of 2,500 XRP.
Many experts doubt the actual source of the leaked images about the futures contracts. Bloomberg ETF analyst James Seyffart thinks the latest document may trick investors into making bad decisions. He expects Solana and XRP futures to appear in the market since investors want more cryptocurrency products. The current market conditions make this development typical according to Seyffart.
Based on Bloomberg Senior ETF analyst Eric Balchunas‘ forecast a Solana futures ETF might debut by mid-March. He doubted if investors would invest much money given prospects of a spot Solana ETF launching soon.
Rising Crypto ETF Filings
The U.S. Securities and Exchange Commission now reviews 33 proposed ETFs offering crypto investments as demand for such funds continues to grow. These filings request SEC permission to launch ETFs for XRP, Solana and Litecoin along with funds focusing on successful memecoins Dogecoin and Bonk.
On January 21 Rex Shares submitted seven applications for new spot ETFs. The SEC observed filings for three memecoins TRUMP DOGE and BONK. These newly submitted applications from Rex Shares surprise market tracking analysts.
Matthew Sigel asks the SEC to resume approving digital asset funds based on who submits applications first before others. Firms rush to enter the growing crypto ETF market because the increasing number of applications adds confusion to the approval timeline. Cryptocurrency and traditional financial markets now work together better than before making digital assets a fresh type of investment choice.