A major development has arrived for the crypto market. The globally recognized CME Group has officially launched its first-ever $XRP and Solana (SOL) option trades.
The inaugural trades were executed between leading institutions — Wintermute, SuperState, Galaxy, and Cumberland — showing that institutional investors are now expanding beyond just Bitcoin and Ethereum.
According to CME, the new $XRP and $SOL options will allow investors to build better hedging and trading strategies.
This move highlights how the crypto industry is moving closer to the traditional financial system, as major institutions continue to show confidence in emerging digital assets.
This launch marks a big step not only for and SOL but also for the entire crypto sector — because when traditional market platforms like CME introduce options for a token, it strengthens its legitimacy and institutional
support.