CME Group Plans Solana XRP Options Launch October 2025

CME Group is set to launch options on Solana (SOL) and XRP futures, including micro contracts, starting October 13, 2025, pending regulatory approval. This expansion follows significant growth and liquidity in these futures, with Solana futures reaching $22.3 billion and XRP futures $16.2 billion in notional volume since their respective launches earlier in the year. The options will offer daily, monthly, and quarterly expiries, providing market participants more flexibility for risk management and exposure strategies. Institutional demand is driving this product diversification beyond Bitcoin and Ethereum, as noted by liquidity providers Cumberland and FalconX, who highlight the importance of these tools for hedging and digital asset treasury management. While the launch is seen as a potentially bullish catalyst for Solana and XRP, there are cautions regarding increased volatility and risk of over-leverage in the options market's early phase. Overall, this move reflects CME's strategy to meet rising institutional and retail interest in diversified crypto derivatives.