BTC $78,795.27 -0.41%
ETH $2,496.44 +0.20%
BNB $751.95 +1.53%
XRP $1.42 +1.56%
SOL $103.69 -0.03%
TRX $0.3389 +1.13%
DOGE $0.0901 -0.55%
ADA $0.2180 -0.54%
BCH $258.50 -0.40%
LINK $12.47 -1.70%
HYPE $85.88 +1.58%
AAVE $129.09 -1.80%
SUI $0.8129 -1.63%
XLM $0.1880 -1.50%
ZEC $1,183.08 +4.52%
BTC $78,795.27 -0.41%
ETH $2,496.44 +0.20%
BNB $751.95 +1.53%
XRP $1.42 +1.56%
SOL $103.69 -0.03%
TRX $0.3389 +1.13%
DOGE $0.0901 -0.55%
ADA $0.2180 -0.54%
BCH $258.50 -0.40%
LINK $12.47 -1.70%
HYPE $85.88 +1.58%
AAVE $129.09 -1.80%
SUI $0.8129 -1.63%
XLM $0.1880 -1.50%
ZEC $1,183.08 +4.52%

Analysis: Traders show little interest in CME Solana futures, with limited impact on SOL spot prices

2025-03-18 23:56:21

ChainCatcher news, K33 Research analysts Vetle Lunde and David Zimmerman pointed out in their latest report that traders have low interest in CME Solana futures, with only $12.3 million in trading volume on the first day and $7.8 million in open interest, far less than the previously launched Bitcoin and Ethereum futures products. Additionally, the analysts believe that Solana futures have a limited impact on the spot price of SOL, making it difficult to replicate the frenzy effect of the 2024 Bitcoin ETF.

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