CME Group launches XRP and SOL futures contracts quoted in spot prices

According to PR Newswire, the CME Group has launched XRP and SOL futures contracts quoted in spot prices.

The XRP and SOL futures contracts quoted in spot prices will complement the existing Bitcoin and Ethereum futures contracts quoted in spot prices, and can be traded across markets with the four major U.S. stock index futures— including the S&P 500, Nasdaq 100, Russell 2000, and Dow Jones Industrial Average.

Additionally, these contracts allow investors to trade futures positions on spot market terms and enjoy the added benefit of longer expiration periods, eliminating the need to roll positions regularly.