Coinbase launches CFTC-regulated SOL futures in US
Regulated futures markets are an important step toward an eventual Solana ETF.
Coinbase has launched Solana futures contracts on its regulated US derivatives exchange, the cryptocurrency trading platform said on Feb. 19.
Regulated by the Commodity Futures Trading Commission (CFTC), Coinbase’s Solana (SOL) futures contracts aim to hasten SOL institutional adoption and may help pave the way for an eventual SOL exchange-traded fund (ETF) launch in the US.
Coinbase has also launched futures for Hedera (HBAR), the native currency for Hedera’s hashgraph distributed ledger, it said in a Feb. 19 blog post.
