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K33: Traders show limited interest in CME Solana futures, with limited interest in SOL Spot price impact.
Odaily Planet Daily News K33 Research analysts Vetle Lunde and David Zimmerman pointed out in their latest report that traders have little interest in CME Solana futures, with a first-day volume of only $12.3 million and only $7.8 million in unclosed contracts, far less than the BTC and ETH futures products previously launched. In addition, analysts also believe that the impact of Solana futures on the SOL spot price is limited, making it difficult to replicate the frenzy effect of the 2024 BTC ETF. (The Block)