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BTC
$97,245
+2.5%
ETH
$3,642
+1.8%
BNB
$672
+3.2%
SOL
$248
+4.1%
XRP
$2.85
+5.3%
ADA
$1.24
+2.9%
DOGE
$0.42
+6.2%
LINK
$28.50
+1.5%
Short News

Coinbase Files to Launch Solana Futures Amid Growing ETF Interest

Mustafa Mulla31 Jan 20251 min read

Coinbase Derivatives has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to introduce Solana Futures. The exchange aims to launch the product on February 18, offering a USD-settled contract with a size of 100 SOL and a notional value of around $25,000. The filing highlights Solana’s market volatility and its strong presence in DeFi and NFTs. Coinbase is confident in managing such products despite market fluctuations. This move aligns with the rising demand for Solana-based investment options, including recent Solana ETF filings by firms like VanEck and Bitwise. With institutional interest growing, Coinbase’s Solana Futures could attract more mainstream investors into the crypto space.

#Exchange News
Mustafa Mulla
Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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