CME denies rumors about preparations for the launch of SOL and XRP futures

Earlier, screenshots of the pages of new products on the exchange’s website appeared on social networks

23.01.2025 - 12:20

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3 min

What’s new? Representatives of the Chicago Mercantile Exchange (CME) have denied rumors about the launch of futures contracts based on the native token of the Solana (SOL) blockchain and the XRP token from the fintech company Ripple. Earlier, screenshots of the exchange’s website pages with the new products began circulating on social networks, but the CME explained that the beta pages were launched by mistake.

Material by CoinDesk

What else is known? “A beta page from our website was released in error earlier today. Many mock-ups are included in that test environment. No decisions have been made regarding XRP or SOL futures contracts,” the exchange’s representatives explained.

The new version of the website, which became available to users for a while, contained pages of new cryptocurrencies that could begin trading on February 10, subject to regulatory approval.

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Amid the rumors, both assets added about 3%, but after the denial, SOL corrected 4,6% overnight, while XRP lost 3,8%.

Traders expect that after Donald Trump’s victory and the arrival of the new administration, regulation of the crypto industry in the country will become more lenient, and new spot crypto funds will appear on stock exchanges in addition to the existing bitcoin and Ethereum-based products.

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Laser Digital analysts believe that more than a dozen funds based on the leading altcoins will be launched in the United States this year. JPMorgan believes that funds based on SOL and XRP will be more successful than Ethereum funds.

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