Solana CME futures tip impending US ETF approvals — Exec
Solana ETFs could offer retail investors an attractive alternative to Ether funds, Titan’s Chris Chung told Cointelegraph.
The upcoming launch of Solana (SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of Solana-based swap platform Titan, told Cointelegraph.
On March 17, CME is preparing to launch SOL futures contracts. They will be among the first regulated Solana futures to hit the US market after Coinbase’s launched in February.
The listing “paves the way for the eventual approval of SOL ETFs,” Chung told Cointelegraph.
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Author: Alex O’Donnell
