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CME Group plans to launch Solana Futures on March 17


Author Suzanne McGee

(Reuters) -Cme Group said on Friday that she was planning on March 17 in the Future Treaties at Kriptocurrenci Solan, waiting for a regulatory examination.

In the exchange, he said he expects to debut two contracts, one for 500 salt coins and a “micro -size” of a contract for 25 saline.

“We respond to the increasing client’s demand for the wider set of regulated risk management products of cryptocurrency prices,” said Giovanni Vicioso, a global chief of CRIPTO CHRI products on CME.

If the products receive a regulatory seal of the approval, the launch would clear the path of approval of funds that are traded by exchange -related exchange.

The first applications seeking the approval of the US Securities Commission to start the ETF -related to Solana’s video was made in June 2024 by Vaneck and Digital Assets Manager 21shares. Recently, Franklin Templeton submitted a similar request last Friday.

SEC may want to see a few months of trading in a new Futures Solan Agreement before approves and approves of ETF, said Sui Chung, CF Benchmarks CEO, cryptocurrency indexing companies.

The decision “significantly increases” the likelihood of approval, Chung said.

“The regulated market of the future was the main prerequisite for the approval of the KRIPTO ETF.”

This is because it brings at least part of the cryptocurrency trading in the supervision of American regulators, giving them the belief that they will be able to recognize anyone who is trying to manipulate the market, Chung added.

The property management companies have filed a series of applications to start ETF -related not only to Solan, but also several other cryptocurrencies, including XRP and Litecoin. This wave of new applications increased from the US presidential elections in November last November, analysts noted. The crypto industry is widely considered Trump as a crypto-accepting president, and last month she welcomed her moves to overhaul the digital property regulations.

(Reporting Suzanne McGee in New York)



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