ChainCatcher news, the official Solana account posted on the X platform stating that the Chicago Mercantile Exchange (CME) plans to launch Solana (SOL) futures on March 17.

ChainCatcher news, according to PR Newswire, the CME Group announced today that it plans to launch Solana (SOL) futures on March 17, which will be cash-settled and based on the CME CF Solana Dollar Reference Rate, a daily reference rate for the SOL dollar price calculated at 4:00 PM London time. The trading unit for the micro contract is 25 SOL, and for the standard contract, it is 500 SOL.It is reported that the relevant listing is still pending regulatory review.

ChainCatcher news, The ETF Store president Nate Geraci stated on social media that the CME plans to launch SOL futures on March 17, which will be cash-settled, benefiting SOL ETF applications.

ChainCatcher news, according to the CME Group, in addition to SOL futures, the CME plans to launch Micro SOL futures on March 17, providing investors with regulated exposure to Solana investments.

ChainCatcher news, a spokesperson for the CME Group clarified to Fox Business that the information regarding XRP and SOL futures contracts that appeared on the Beta website was a miscommunication, and no official decision has been made regarding the launch of futures contracts for these two cryptocurrencies.

ChainCatcher news, according to Cointelegraph, the Chicago Mercantile Exchange (CME) website shows that XRP and SOL futures contracts will be launched as early as February 10, 2025, currently pending regulatory review.According to the information on the website page (which has since been removed), the standard SOL contract size is 500 SOL, and the micro is 25 SOL; the standard XRP contract size is 50,000 XRP, and the micro is 2,500 XRP. All contracts are settled in USD.