TechFlow news — CME Group is exploring the possibility of launching futures contracts based on smaller-market-cap cryptocurrencies, including Solana's SOL and Cardano's ADA. Payal Shah, head of equity and cryptocurrency products at the Chicago Mercantile Exchange, said the firm is "considering" creating altcoin futures contracts in response to strong client demand. The launch of such altcoin futures would depend on resolving issues related to pricing indices and regulation. CME’s existing Bitcoin and Ethereum futures are based on an index drawing price data from five exchanges.
On the regulatory front, Shah noted the current lack of regulatory clarity for altcoins in the United States. “We need to know where to send the paperwork,” she said, highlighting that it remains unclear which U.S. regulators have jurisdiction over altcoin-related instruments.
