Coinbase News: Launch of First CFTC-Regulated 24/7 Bitcoin and Ethereum Futures in the U.S.

Coinbase Derivatives is making waves in the cryptocurrency market by introducing a groundbreaking new offering: the first CFTC-regulated 24/7 Bitcoin [BTC] and Ethereum [ETH] futures trading in the United States. This move aligns the U.S. market with the continuous operation of global markets, enabling traders to capitalize on price movements in real-time, regardless of traditional market hours.

Coinbase to Launch First CFTC-Regulated 24/7 Bitcoin, Ethereum Futures in the U.S.

Coinbase Derivatives is introducing the first CFTC-regulated 24/7 Bitcoin [BTC] and Ethereum [ETH] futures trading in the United States. This aligns with global markets that operate continuously, allowing traders to respond in real-time to price movements without being constrained by traditional market hours. The launch includes plans for a perpetual-style futures contract, previously inaccessible in the U.S. under regulatory oversight.

Franklin Templeton Joins the XRP ETF Race Despite SEC Delays

Despite the SEC delay in approving an XRP ETF, Franklin Templeton, managing over $1.5 trillion in assets, has officially applied for an XRP ETF. The proposed Franklin XRP Trust would trade on the Cboe BZX Exchange, with Coinbase Custody Trust Company serving as its custodian. This move adds Franklin Templeton to a list of financial giants interested in XRP ETFs.