Payments-focused cryptocurrency XRP and world’s most-used blockchain Solana (SOL) prices spiked on Wednesday afternoon, after report that the Chicago Mercantile Exchange (CME) is adding futures contracts of both.
According to a post on X, CME have posted the futures page for XRP and SOL in their “staging subdomain.”
A screenshot of the website shows that the regulated futures could start trading on Feb. 10 pending regulatory approval. The website was not accessible at the time of publication.
“We’ve seen a slew of ETF filings for SOL and XRP futures ETFs. Typically these would use CME or CBOE futures but we don’t have any yet,” Bloomberg Intelligence ETF analyst James Seyffart told CoinDesk. “I would expect CME to list those futures in the next month assuming those issuers know something we don’t.”
XRP and SOL jumped as much as 3% in the minutes after the post started circulating on social media, TradingView data showed.
A CME representative told CoinDesk later Wednesday that releasing the webpage was an “error” and the company hasn’t made any decision to list those products. “A beta page from our website was released in error earlier today,” the spokesperson said. “Many mock-ups are included in that test environment. No decisions have been made regarding XRP or SOL futures contracts.”
SOL and XRP erased all initial gains and sunk lower with the broader crypto market.
UPDATE (Jan. 22, 10:09 UTC): Adds comments from Bloomberg ETF analyst.
UPDATE (Jan. 23, 14:57 UTC): Adds CME spokesperson’s comment and XRP, SOL price action.
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