CME Group Enhances Crypto Derivatives With Spot-Quoted Futures for XRP and Solana

CME Group has added Spot-Quoted futures for XRP ($1.9179) and Solana ($127.32), expanding its crypto derivatives suite with contracts that track real-time market prices.

The new offerings follow the structure of CME’s Spot-Quoted Bitcoin ($87,783.58) and Ether ($2,912.07) futures. Unlike traditional futures, which can trade at premiums or discounts due to financing costs, Spot-Quoted contracts mirror the underlying spot price, with financing adjustments settled separately.

“Demand for our Spot-Quoted Bitcoin and Ether futures has been strong, with more than 1.3 million contracts traded since June,” said Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products. “We’re pleased to extend the offering to XRP and SOL.”

These are CME’s smallest crypto contracts to date, designed for traders seeking spot-market exposure without managing expiries or rollovers. The contracts are listed on CME and CBOT alongside major equity index futures.

CME also activated Trading at Settlement (TAS) for XRP, SOL, and their Micro futures, enabling trades at a spread to the 4:00 p.m. ET settlement price before it’s finalized. TAS supports risk management around crypto ETFs, NAV creation or redemption, and block trades via CME Globex.

The launch follows CME’s October introduction of options on SOL, Micro SOL, XRP, and Micro XRP futures across daily, monthly, and quarterly expiries.