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The Chicago Mercantile Exchange (CME) Group confirmed that no official decision has been made regarding the issuance of futures contracts for Solana (SOL) and XRP (XRP).
This announcement comes after related information was mistakenly appeared on the beta version of the website.
CME Statement: No Futures for XRP and SOL yet
On January 22, a beta version of the CME website accidentally showed details about potential futures contracts for XRP and Solana. The website was quickly taken down, including technical specifications and a planned release date of February 10, subject to regulatory approvals.
However, a spokesperson confirmed that no official decision has been made regarding the issuance of these cryptocurrency futures contracts and that the information on the website was an error.
Fox Business reporter Eleanor Terrett addressed the issue on X (formerly Twitter), quoting a CME spokesperson to shed light on the situation.
“A CME spokesperson said that the beta version of the website, typically used for prototype sketches, was mistakenly made public. No formal decision has been made regarding the issuance of futures contracts for any Tokens,” post write.
This news caused a slight drop in the prices of both altcoins. At press time, Solana was trading at $249.61, down 1.79% in the past 24 hours. Meanwhile, the price of XRP fell 0.98% to $3.16.
After the initial post went viral, speculation increased due to the lack of official confirmation.
“Honestly, if this is fake, this is a pretty good shot. I am waiting for CME to officially confirm via a press release or their actual website,” Bloomberg analyst James Seyffart write on X.
He also questioned why the beta version of the website was publicly accessible if the information was real, saying it reflected weakness in operational security.
Despite CME’s clarification, optimism about the launch of XRP and Solana futures remains high.
“So CME confirms that the beta website circulating here is real,” Nate GeraciPresident of ETF Store, said.
While the listing may have been an error, there was a significant increase in cryptocurrency ETF applications after Donald Trump returned for a 2nd term as President of the United States.
Eric Balchunas, senior ETF analyst at Bloomberg, noticed the number of crypto ETFs filed with the SEC increased to 33, double the number when Gary Gensler left the position.
“I wouldn’t be surprised if this number hits 50 within the next week or two,” Balchunas adds.
Although the CME mishap has temporarily dampened excitement, the crypto community remains hopeful about future developments in the field.
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