The upcoming launch of Solana ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/solana-price-index” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/solana-price-index”>SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of Solana-based swap platform Titan, told Cointelegraph.
On March 17, CME is data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/cme-group-launch-solana-futures-march-17″ rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/news/cme-group-launch-solana-futures-march-17″>preparing to launch SOL futures contracts. They will be among the first regulated Solana futures to hit the US market after data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/coinbase-launches-cftc-regulated-sol-futures-us” rel=”” target=”_self” text=”null” title=”https://cointelegraph.com/news/coinbase-launches-cftc-regulated-sol-futures-us”>Coinbase’s launched in February.
The listing “paves the way for the eventual approval of SOL ETFs,” Chung told Cointelegraph.
Chung…
