CME Group may be preparing futures contracts on Solana and XRP based on images and reports shared in social media.
CME Group, however, has not yet made a statement and, as of this writing, neither confirmed or denied the authenticity. This led to a lot of speculation.
When the information was first revealed, Summers is the X-user identified by Summers. Share This Article A screenshot taken from an alleged CME testing page. The page was not available at the time of publication, but it is scheduled for pre-launch. Feb. 10.
Alex Thorn later shared photos with Galaxy Digital’s head of research. revealing CME offers futures, micro-futures and cash settlements on both of these assets.
Solana’s futures contracts are 500 SOL in size, and the micro version is 25 SOL. The futures contract for XRP is worth 50,000 XRP. Its micro version comes in a size of 2,500 XRP.
James Seyffart, Bloomberg ETF analyst You should be aware of this Page could be fake. He added, however, that the futures contracts of SOL and XRP are reasonable and are “largely to be expected.”
Seyffart added that the website and images could be fake. “good fakeout.”
Meanwhile, Bloomberg senior ETF analyst Eric Balchunas “Said he” Expectations An exchange-traded (ETF), tracking SOL Futures, could launch as soon as March. A spot SOL ETF will likely be available soon, so he questioned whether there was a demand for this product.
More than 30 ETFs
US crypto ETF filings are on the rise. Seyffart highlighted recently that 33 ETFs filed by thirteen different issuers are awaiting approval from the US Securities and Exchange Commission.
Besides the funds that track XRP and SOL as well Hedera, Litecoin, Litecoin, LTC, and other assets, there are also funds linked to memecoins.
Rex Shares was born on Jan. 21. The following is a list of the most recent and relevant articles. For seven different spot-ETFs, three are tied to the memecoins Official Trump TRUMP (DOGE), Dogecoin DOGE and Bonk BONK (BONK). Balchunas noted that the current situation is “surreal.”
Bloomberg ETF analysts predicted a. Wave of Crypto ETF Filings In their 2017 predictions, the experts did not mention any spot funds indexed to memecoin.
Matthew Sigel is the head of VanEck’s digital asset research. Called on SEC’s ETF Approvals will be reverted to the previous process. “first-come, first-served”Amidst the increase in applications
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