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CME Group clarifies no official decision made on XRP, Solana futures contracts

CryptoExpert by CryptoExpert
January 23, 2025
in Market Analysis
0
CME Group clarifies no official decision made on XRP, Solana futures contracts
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Key Takeaways

CME Group has not made any official decisions regarding XRP or Solana futures contracts.
A test page indicating potential futures contracts for XRP and Solana was released in error.

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The Chicago Mercantile Exchange (CME) denied making any official decisions about XRP or Solana futures contracts after a test page erroneously appeared on its website showing a potential launch date for the products.

okex

“The beta version of the website, which is often used for mock-up drafts, was made public in error,” a CME spokesperson told FOX Business. “No official decisions have yet been made about launching futures contracts for either token.”

A test version of the CME Group’s staging website, briefly accessible on Wednesday, indicated the potential introduction of XRP and Solana futures contracts on February 10, subject to regulatory approval.

Bloomberg ETF analysts Eric Balchunas and James Seyffart corroborated the page’s existence before it was removed.

Assuming “beta.cmegroup” is actually a beta/test version of the actual CMEGroup website — looks like CME is expecting to launch SOL & XRP futures on Feb 10. But this isn’t available on the actual website yet.

Honestly makes sense and largely to be expected if true IMO https://t.co/lfMGd8X9KE

— James Seyffart (@JSeyff) January 22, 2025

XRP and SOL rose around 3% on the leak news before pulling back, according to CoinGecko.

CME currently offers Bitcoin and Ethereum futures contracts in both standard and micro-sized versions.

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