"Solana Futures Trading Begins Today on CME"...ETF Expectations Also Amplified

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Son Min

Summary

  • It was reported that as Solana futures are listed on the Chicago Mercantile Exchange, expectations for an ETF are growing.
  • It was noted that the listing of Solana is drawing attention because Bitcoin and Ethereum already have spot ETFs.
  • The President of Bitwise evaluated the launch of CME Solana futures as an important milestone in the development of digital assets.
Source=CoinTelegraph Capture
Source=CoinTelegraph Capture

Solana (SOL) futures are scheduled to be listed on the Chicago Mercantile Exchange (CME) today.

On the 17th (local time), CoinTelegraph announced via X that "Solana futures are scheduled to be listed on the Chicago Mercantile Exchange today."

Accordingly, expectations for Solana ETFs are growing, especially on social media services (SNS). This is because Bitcoin (BTC) and Ethereum (ETH), which are already trading on the Chicago Mercantile Exchange, both have spot ETFs.

Teddy Fusaro, President of Bitwise, evaluated that "the launch of CME Solana futures is an important milestone in the development of digital assets."

As of 7:17 PM, Solana is trading at $128.85 on Binance's USDT market, down 3.44% compared to 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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