CME Group, the derivatives marketplace, has launched options on Solana (SOL) and XRP futures today, October 13, 2025. The announcement on X states that the CFTC-regulated products are now active on the CME trading platform in the United States.
New Options Offer More Flexibility for Traders
The new options are available in both standard and micro sizes. Expiry dates are flexible, which means they can expire every day, month, and quarter. They are physically settled into the underlying futures contracts to provide seamless integration for professional and retail participants.
CME first announced the plan in September. At the time, the group said the products would debut once regulatory approval was complete. Today’s launch follows through on that commitment.
“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.” Giovanni Vicioso, who is the Global Head of Cryptocurrency Products at CME Group, made this statement during the initial launch announcement.
He also added that the new products would give market participants “additional choice and greater flexibility” to manage their exposure to two market-leading crypto assets.
Growing Interest from Institutional Investors
Meanwhile, the decision to launch this product is because the group’s futures products did well. According to previous reports, more than 540,000 Solana futures contracts, valued at about $22.3 billion, have traded since launch in March.
In addition to that, XRP futures, which were introduced in May of this year, reached more than 370,000 contracts, totaling $16.2 billion. CME Group reported that both products hit record volumes in August due to strong institutional demand.
Also Read: CME Group to Launch 24/7 Trading for Crypto Futures and Options
