Coinbase Institutional Files To Launch XRP Futures With CFTC
The post Coinbase Institutional Files To Launch XRP Futures With CFTC appeared on BitcoinEthereumNews.com.
Coinbase Institutional has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP through its subsidiary, Coinbase Derivatives. This filing aims to launch XRP futures on April 21, 2025, offering both institutional and retail investors a regulated way to gain exposure to XRP in a more capital-efficient manner. The filing marks a significant development for XRP’s broader market acceptance, especially in regulated environments where futures contracts provide both liquidity and opportunities for risk management. XRP Futures: Regulatory Developments and Market Entry Through self-certification with the CFTC, Coinbase is allowed to bring in XRP futures without waiting for an explicit green light from the agency, so long as it complies with the necessary rules. This approach is normally used by exchanges especially when they are introducing new corporate securities in the market place. In launching XRP futures into its product line, Coinbase Derivatives is placing into the market a new structured trading product, which may enhance the liquidity and invite more institutional investors into the asset. We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures – bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets. We anticipate the contract going live on April 21, 2025. Stay tuned… pic.twitter.com/nKUPjjnMKW — Coinbase Institutional 🛡️ (@CoinbaseInsto) April 3, 2025 The futures contracts are useful for the purposes of hedging or speculation, they can make XRP more accessible to new investors. At the same time, one of the largest US-based crypto exchange, Kraken, incorporated Ripple USD (RLUSD) among cryptocurrencies traded on the platform. Before that list, RLUSD was available only in Bitstamp exchange. The integration of Kraken into the list of XRP trading platforms increases trading volume in the asset and deepens the pool of…
Filed under: News - @ April 4, 2025 10:29 am