Overview
- The new XRP and SOL futures are listed on CME and CBOT and are available alongside S&P 500, Nasdaq-100, Russell 2000 and Dow index futures.
- The contracts quote in spot-market terms with financing handled at settlement, and the longer-dated expiries are designed to eliminate frequent rollovers.
- CME describes these as its smallest crypto contracts to date, targeting everyday traders seeking more precise exposure.
- CME cites more than 1.3 million Spot-Quoted Bitcoin and Ether contracts traded since June, with rising average daily volumes and a record combined day on Nov. 24.
- CoinDesk reports CME activated Trading at Settlement for XRP, SOL and their Micro futures, enabling execution at a spread to the 4:00 p.m. ET settlement price.