CME XRP and SOL Futures Open Interest Hits $3 Billion Record

iconCoinDesk
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

In accordance with Coindesk, the CME-listed futures tied to XRP$2.6300 and Solana SOL$195.38 saw record open interest Monday, with 9,900 XRP and micro XRP active contracts and 15,600 open positions in standard and micro SOL futures, totaling $3 billion in notional open interest. Tim McCourt, the exchange’s Global Head of Equity & FX Products, noted the milestone reflects growing adoption of regulated futures for digital asset exposure and risk management.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.