Coinbase Derivatives to Launch Solana (SOL) Futures

In what is different measurement guardant for the cryptocurrency market, Coinbase Derivatives is acceptable to motorboat Solana (SOL) and Hedera (HBAR) futures. Indeed, the level filed to database the futures contracts for some tokens earlier this year, with them acceptable to spell unrecorded connected oregon aft February 18, according to the filing.

A subsidiary of the fashionable cryptocurrency exchange, the determination comes amid an ongoing regulatory displacement for the cryptocurrency marketplace successful the United States. With the archetypal pro-crypto president, Donald Trump, returning to the White House successful January, helium wasted nary clip successful overhauling the nation’s cryptocurrency policy. The determination by Coinbase Derivatives follows a plethora of crypto-based ETF filings that person surfaced this year.

JUST IN: Coinbase Derivatives to motorboat Solana $SOL futures.

Also Read: VanEck Predicts Solana (SOL) Will Reach $520 This Year

Coinbase Subsdidary Files to Launch Solana Futures Contracts successful February

It has been a monumental commencement to the twelvemonth for US-based cryptocurrency speech Coinbase. Indeed, the steadfast has received support to motorboat crypto-related services successful the UK and Argentina. Moreover, it has continued expanding its beingness successful the United States arsenic the federation institutes a wide argumentation shift.

That has continued this month, with Coinbase Derivatives acceptable to motorboat Solana (SOL) and Hedera futures contracts. Indeed, the level filed the indispensable paperwork with the Commodity Futures Trading Commission (CFTC) successful precocious January. Subsequently, these contracts are poised to beryllium listed this month.

Source: Coinbase

Also Read: Coinbase Receives Approval to Launch Crypto Services successful the UK

The caller contracts volition beryllium cash-settled connected a monthly basis, the filing shows. Moreover, it continues the ongoing inclination toward accrued enactment for cryptocurrency companies successful the United States. Alternatively, Coinbase Deriviaties archetypal launched successful 2021 and is regulated by the CFTC arsenic a “designated declaration market,” allowing the commercialized of crypto derivatives specified arsenic futures contracts for assorted cryptocurrencies.

The determination is besides bully quality for Solana, which has gotten a batch of attraction truthful acold successful 2025. Earlier this year, VanEck said that the support of a Solana ETF was likely. This has lone been reinforced arsenic the state continues to clasp the plus people similar ne'er before.