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Coinbase Seeks CFTC Approval for XRP Futures Contracts, Expected Launch in April 2025

Coinbase Seeks CFTC Approval for XRP Futures Contracts, Expected Launch in April 2025

Coinbase News
Release Time:
2025-04-04 09:06:01
0

In a significant move for the cryptocurrency market, Coinbase Derivatives has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP, the digital asset linked to Ripple. Let’s dive into the details of this development and its potential impact on the market.

Coinbase Derivatives Seeks CFTC Approval for XRP Futures Contracts

Coinbase Derivatives has officially filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP, the digital asset associated with Ripple. Pending regulatory approval, the new contracts are expected to be available to institutional and retail traders on April 21, 2025, offering a regulated option for investors seeking exposure to one of the most liquid digital assets.

Coinbase Pushes XRP Futures Amid Illinois Lawsuit Relief

Coinbase Derivatives has submitted a filing to self-certify XRP futures with the CFTC. The new contract, expected to go live on April 21, 2025, will provide a regulated, capital-efficient means for market participants to gain exposure to XRP. This move comes after a positive development for the crypto derivatives market in the US, reflecting shifting regulatory ties in the country.

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