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.
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