#CMEsolanaFutures CME Group plans to launch Solana futures on March 17 as institutional interest grows.

CME: SOLANA Listed on World's largest Futures Exchange .

The plans were disclosed in a press release issued by the derivatives market on February 28 pointing out that regulatory review affects the SOL futures product's launch .

PLANNED CME SOLANA FUTURES COULD BOOST ETF APPROVAL ODDS.

Now, though , the derivatives marketplace is officially moving ahead with cash-settled SOL futures - to be available via a micro-sized contract (25 SOL), and a large one (500 SOL).

The thought is ,this type of product gives sophisticated investors (i.e. institutions and active traders ) a better way to manage volatility within a growing market . Those unable to hold SOL directly would be able to gain access via a regulated product .

But beyond that , it extends a tool already available for bitcoin and ether to another asset - possibly setting the stage for US solana ETFs.