– CME Group launches CFTC-regulated options on Solana, XRP futures – Physically settled contracts offer enhanced risk management – Integration into existing crypto futures for large and micro sizes – Listings follow market crash causing exchange outages – Open interest hits $127 billion in October 2025

CME Group Launches Solana and XRP Options

CME Group, the largest derivatives exchange, has launched CFTC-regulated options on Solana and XRP futures.
The options are physically settled contracts aimed at institutional traders for improved risk management and flexible exposure.
These options integrate with CME's existing crypto futures framework, allowing trading in both large and micro contract sizes.
The launch follows a major market crash causing outages on exchanges like Backpack and Binance, highlighting the need for robust platforms like CME.
Recently, Nasdaq's parent company ICE invested $2 billion in prediction markets platform Kalshi, reflecting traditional exchanges' growing interest in crypto.
CME's introduction of Solana and XRP futures aims to enhance market depth and liquidity, with open interest reaching $127 billion as of October 10.
Price updates: SOL is trading at $197 (up 12%), while XRP is at $2.55 (up 9%) amid increased investor confidence.