CME Group announced it plans to introduce options on Solana (SOL) and XRP futures from 13 October 2025, pending regulatory approval, expanding its suite of cryptocurrency derivatives amid growing demand from institutional and retail investors.
CME Group to Launch Options on Solana and XRP Futures in October
The firm explained that its new contracts will cover SOL, Micro SOL, XRP, and Micro XRP futures, with expiries available daily, monthly, and quarterly, offering traders greater flexibility in managing exposure to the two digital assets.
“The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,” said Giovanni Vicioso, Global Head of Cryptocurrency Products at CME Group.
“Available in two different sizes, these contracts will offer a wide range of market participants – from institutions to sophisticated, active, individual traders – additional choice and greater flexibility.”
Roman Makarov, Head of Cumberland Options Trading at DRW, welcomed the move, noting it “demonstrates continued demand from the market to have exposure to a broader set of products.”
Joshua Lim, Global Co-Head of Markets at FalconX, added that the growth of digital asset treasuries had “accelerated the need for institutional hedging tools on Solana and XRP.”
Since launch, more than 540,000 Solana futures contracts ($22.3 billion notional) and 370,000 XRP futures contracts ($16.2 billion notional) have been traded. Both products recorded record monthly activity in August 2025, underlining their rapid adoption.
CME Group remains the world’s largest derivatives marketplace, with cryptocurrency products among its fastest-growing offerings.
