The CME Group, the world’s largest operator of financial derivatives exchanges, plans to launch options on Solana (SOL) and XRP futures next month.

In an announcement on Wednesday, the firm said it will go live with the new products on Oct. 13, pending regulatory approval.

The new options contracts will be available on both standard and micro sizes, with expiry dates offered daily, monthly, and quarterly for flexible trading strategies.

This story is an excerpt from the Unchained Daily newsletter.

“The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,” said CME Global Head of Crypto Giovanni Vicioso.

Since their launch in March, $22.3 billion worth of SOL futures and $16.2 billion worth of XRP futures have been traded on CME.