Coinbase Files to Launch XRP Futures
Coinbase Institutional has submitted a filing with the US Commodity Futures Trading Commission (CFTC) to self-certify XRP futures via its subsidiary, Coinbase Derivatives.
Scheduled for launch on April 21, 2025, these new futures contracts aim to offer both institutional and retail investors a regulated, capital-efficient way to invest in XRP.
Coinbase seeks to deepen the XRP market and attract institutional investors. The exchange can introduce these products without waiting for explicit CFTC approval, provided it adheres to the rules.
XRP futures can be used for hedging and speculation, enhancing the asset’s liquidity. This launch follows Kraken’s listing of Ripple USD (RLUSD), previously limited to Bitstamp. The increased trading of RLUSD is expected to boost XRP trading activities and draw more institutional investors.
