The cryptocurrency market is talking about claims that CME’s Ripple (XRP) and Solana (SOL) futures products may go live tomorrow.
In documents that emerged in late January, it was revealed that CME had mistakenly created a website stating that XRP and SOL futures would be available for trading on February 10, following regulatory review. In light of this leaked information, the cryptocurrency market is hoping that the products in question will start trading tomorrow.
However, these products have not yet received SEC approval, so it is not known whether they will be traded tomorrow. Additionally, since investment products usually start trading the next day after receiving approval, some participants are wary of the possibility of approval.
The information on CME’s official website was later removed on the grounds that it was shared by CME in error, and the pages in question are currently inaccessible.
So far, only Bitcoin and Ethereum have futures products and are traded on the CME. Futures approval is considered a major milestone on the asset’s path to spot ETF approval.
*This is not investment advice.
Read the full article here
