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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

CoinDesk LogoCoinDesk19h ago

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch - CoinDesk

Quick Summary:

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

It would appear that institutional demand for altcoins may be shallow, although we note that SOL’s launch has come in a comparatively risk-off environment," K33 analysts said.

FalconX executed the first SOL futures block trade on CME on Monday with financial services firm StoneX.

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Krisztian Sandor

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 19:59:01 (19 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27157974

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 26 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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