The CME website has recently suggested that Solana and XRP futures contracts could be introduced as early as February 10, pending regulatory approval.
The contracts will be offered in standard and micro sizes, with the standard SOL contract having a lot size of 500 SOL and the micro contract having a lot size of 25 SOL.
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Standard size XRP futures contracts will have a lot size of 50,000 XRP, while micro futures contracts will have a lot size of 2,500 XRP.
All contracts will be settled in US dollars.
In light of President Donald Trump's re-election and the resignation of Securities and Exchange Commission (SEC) Chairman Gary Gensler, there has been a surge in applications for crypto ETFs and futures products from financial firms.