Coinbase launches CFTC-regulated Solana (SOL) futures. The initiation of a regulated Solana futures contract is considered a pointer to the approval of Solana ETFs in the US. Coinbase promotes the Commodity Futures Trading Commission (CFTC) spot market management.
Coinbase has launched Solana (Sol) and Hedera (HBAR) futures contracts for US derivative exchanges, regulated by the Commodity Futures Trading Commission (CFTC).
By providing regulated futures contracts, Coinbase may provide a structured environment for investors to engage in SOL and HBAR, leading to increased liquidity and stability in the market for digital assets There is.
The Solana Futures deal represents five SOLs each, in addition to the standard product representing 100 SOLs and the “Nano” contract for retail investors, which is more representative for a wider range of market participants. It’s easier to access.
Steps towards Solana (Sol) ETF
The launch of Solana (SOL)’s regulated futures market is considered an important step towards the final deployment of the Solana Exchange-Traded Fund (ETF) in the US, particularly in the United States.
The futures market provides benchmarks for measuring the performance of digital assets. This is essential for approval and operation of Spot ETFs.
With at least five ETF issuers submit to the SEC to the SPOT Solana ETF, and regulatory decision deadlines set in October 2025, Bloomberg Intelligence estimates a 70% probability of approval, the futures contract is It may pave the way for these financial products.
In particular, Coinbase’s push for CFTC surveillance in CFTC spot markets is part of a broader industry effort to redefine the regulatory framework for cryptocurrency.
Coinbase Chief Policy Officer Faryar Shirzad has submitted a proposal to Congress to grant full CFTC authority to the spot market, claiming that digital assets such as Bitcoin and Ethereum should be treated as commodities. In his proposal, Shirzad outlined a six-point legislative agenda aimed at providing clarity and consumer protection.
However, while defending the larger role of the CFTC, Coinbase acknowledges the importance of the SEC. This subtle approach suggests a future in which both regulators can work together to nurture a balanced ecosystem of digital assets.
The SEC has been more friendly to cryptography, thanks to efforts like the newly formed Cryptocurrency Task Force, which aims to clarify regulations regarding broker-dealer activities and staking, under recent leadership and influence. It shows posture.
The crypto-regulated environment has actually shown signs of softening, especially with recent political changes following President Donald Trump’s intention to make the United States a hub for cryptocurrency.
Explosive growth in crypto derivatives market
The Crypto Derivatives market has seen explosive growth, with Coinbase reporting an increase in volume of approximately 10,950% in 2024.
In particular, the launch of Hedera’s HBAR futures Coinbase, with standard offerings of 5,000 HBAR per contract, in addition to the Solana futures contract, has demonstrated a diversification strategy that includes both major cryptocurrencies and emerging blockchain platforms. Masu.
Additionally, cryptocurrency exchanges have expanded their offering of digital asset futures to include memokine futures such as Dogecoin (Doge) and Shiba Inu (Shib) and traditional commodity futures, allowing them to trade under its umbrella. It demonstrates its commitment to expanding the scope of assets.
The launch of CFTC Regulated Solana (SOL) futures contracts not only means maturity in the crypto market, but also reflects ongoing dialogue between traditional financial, regulatory agencies and the fast-growing digital asset industry .
