Coinbase Files for XRP Futures Self-Certification with CFTC

In a significant move that could broaden investment options in the cryptocurrency market, Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. Here’s a closer look at what this means for investors and the crypto industry.

Big News: Coinbase Files for XRP Futures, Spot ETF Approval Soon?

Coinbase Institutional has announced that Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. This move aims to offer a regulated, capital-efficient way for investors to gain exposure to XRP, one of the most liquid digital assets in the market. The XRP futures contracts are expected to go live on April 21, 2025, with more details on launch timelines and availability expected soon. While futures contracts are often associated with hedging or short-selling, this development carries broader implications, particularly for the approval of spot exchange-traded funds (ETFs) for XRP. The SEC’s approval of Bitcoin and Ethereum spot ETFs was a significant milestone, and this move by Coinbase could pave the way for similar approvals for XRP.

Coinbase Derivatives Set to Launch XRP Futures

Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures contracts. If approved, the new contracts are expected to go live on April 21, 2025. This move marks a significant step in expanding XRP’s derivatives market, providing traders with more options for exposure. As demand for crypto futures grows, Coinbase aims to position itself as a key player in regulated crypto derivatives trading.