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CME Solana futures trading cools down on the first day, and ETFs may be difficult to replicate Bitcoin grand situation
Editor
8 hours ago 6,996
According to Golden Finance, the Chicago Mercantile Exchange (CME) Solana futures went online in a low-key manner on March 17, with the first-day trading volume of only US$12.3 million and the open contract of US$7.8 million, far less than the previous brilliant performance of Bitcoin and Ethereum futures. K33 Research analysts Vetle Lunde and David Zimmerman pointed out in their latest report that this data reflects the indifference of institutions towards altcoins. Even if the Solana ETF is approved in the future, its boosting effect on SOL prices may be weaker than market expectations.
Keywords: Bitcoin
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