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The Chicago Mercantile Exchange (CME) is set to launch Solana (SOL) futures contracts on March 17, marking a significant step in the US derivatives market. Chris Chung, founder of the Solana-based platform Titan, indicated that this move could lead to the approval of the first US SOL exchange-traded funds (ETFs). The CME's offering follows Coinbase's earlier launch of SOL futures in February, highlighting growing regulatory acceptance.
The Chicago Mercantile Exchange (CME) is set to launch Solana (SOL) futures contracts on March 17, marking a significant step in the US derivatives market. Chris Chung, founder of the Solana-based platform Titan, indicated that this move could lead to the approval of the first US SOL exchange-traded funds (ETFs). The CME's offering follows Coinbase's earlier launch of SOL futures in February, highlighting growing regulatory acceptance.
Dogecoin surged over 22% and Shiba Inu gained 8% as traders anticipated a strong performance from former President Donald Trump in the U.S. election, which is seen as favorable for the crypto market. With low volatility leading up to the election, the renewed interest in memecoins reflects retail investors' risk appetite, although experts caution against overemphasizing their long-term viability. Trump's potential victory could lead to a more crypto-friendly regulatory environment, further boosting market sentiment, especially with speculation around Elon Musk's possible appointment in a Trump administration.
Chris Chung
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Solana futures launch on CME hints at upcoming US ETF approvals
01:10 14.03.2025
solana futures launch on CME signals upcoming us etf approvals
01:10 14.03.2025
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