Solana and XRP Join CME’s Crypto Options Lineup in October

Last Updated on September 18, 2025

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Key Takeaways:

  • CME Group will launch Solana and XRP options on October 13, marking its first crypto options beyond Bitcoin and Ether.
  • The move follows high trading volumes in SOL and XRP futures, with billions in notional value and record activity in August.
  • The expansion reflects growing U.S. demand for regulated crypto derivatives amid clearer federal regulatory guidance.

The Chicago Mercantile Exchange (CME) Group will expand its cryptocurrency derivatives lineup by launching options on Solana (SOL) and XRP futures starting October 13, pending regulatory approval.

This marks the first time CME is offering options tied to digital assets beyond Bitcoin and Ether, reflecting the growing U.S. demand for regulated crypto products.

Options differ from futures by granting the right, but not the obligation to buy or sell contracts at a set price.

The new offerings will be available in standard and micro sizes, with daily, monthly, and quarterly expiries.

Since launching earlier this year, CME reports robust activity in these markets.

SOL futures, introduced in March, have traded over $22.3 billion in notional value, while XRP futures, launched in May, have reached $16.2 billion with a record $942 million open interest in August.

Giovanni Vicioso, CME’s global head of cryptocurrency products, emphasized that the expansion highlights rising liquidity and is designed to serve both institutions and active retail traders.

The move also comes amid a broader surge in crypto derivatives, with Coinbase, Kraken, and Robinhood expanding their offerings as global open interest in futures and perpetual contracts approaches $4 billion.

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