The Chicago Stock Exchange (CME) is considering creating futures contracts based on Solana and Cardano. This was announced by Pajal Shah, CME’s director of equities. She noted significant investor demand for these projects.
However, she added that the launch of futures on these altcoins will depend on the resolution of price index and regulatory issues. According to Shah, existing Bitcoin and Ethereum-based futures on the CME depend on indices based on price data from five exchanges.
Shah also pointed out the current lack of regulatory certainty regarding altcoins in the United States.
Bitcoin and Ethereum are the only cryptocurrencies that the SEC does not yet consider securities.
Since the launch of Bitcoin futures in December 2017, CME has issued options and futures contracts on Ethereum. In March, CME launched micro options on similar assets.