K33: Traders are not very interested in CME Solana futures, and the impact on SOL spot prices is limited

Odaily News K33 Research analysts Vetle Lunde and David Zimmerman pointed out in their latest report that traders are not very interested in CME Solana futures, with a first-day trading volume of only $12.3 million and open interest of $7.8 million, far less than the previously launched Bitcoin and Ethereum futures products. In addition, analysts also believe that Solana futures will have a limited impact on SOL spot prices, and it will be difficult to replicate the frenzy of the Bitcoin ETF in 2024. (The Block)