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BTC $75,730.94 -1.94%
ETH $2,348.73 -2.95%
BNB $630.63 -1.44%
XRP $1.43 -3.54%
SOL $86.12 -2.98%
TRX $0.3291 +0.53%
DOGE $0.0948 -4.86%
ADA $0.2488 -4.22%
BCH $444.15 -2.09%
LINK $9.27 -3.46%
HYPE $43.99 -0.57%
AAVE $103.94 -11.30%
SUI $0.9553 -5.22%
XLM $0.1692 -2.47%
ZEC $322.12 -1.11%

Analysis: Traders show little interest in CME Solana futures, with limited impact on SOL spot prices

2025-03-18 23:56:21
Collection

ChainCatcher news, K33 Research analysts Vetle Lunde and David Zimmerman pointed out in their latest report that traders have low interest in CME Solana futures, with only $12.3 million in trading volume on the first day and $7.8 million in open interest, far less than the previously launched Bitcoin and Ethereum futures products. Additionally, the analysts believe that Solana futures have a limited impact on the spot price of SOL, making it difficult to replicate the frenzy effect of the 2024 Bitcoin ETF.

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