Coinbase Expands 24/7 Crypto Futures to XRP and Develops Institutional Lending Platform
Coinbase Institutional is set to launch 24/7 XRP futures trading on June 13, 2025, marking a significant expansion of its always-on market access beyond Bitcoin and Ethereum. The new contracts, each sized at 10,000 XRP, align with the exchange’s existing crypto derivatives offerings for U.S. traders. This move underscores Coinbase’s commitment to broadening its product suite and catering to the growing demand for diversified crypto investment options. Additionally, Ault Capital Group is developing an enterprise-grade XRP lending platform aimed at NYSE and Nasdaq-listed companies, backed by a $10 million investment. This platform is expected to provide institutional clients with enhanced liquidity and lending solutions, further integrating XRP into traditional financial markets. These developments highlight the increasing institutional adoption of cryptocurrencies and the evolving landscape of digital asset services.
Coinbase Expands 24/7 Crypto Futures to XRP, Institutional Lending Platform in Development
Coinbase Institutional will launch round-the-clock XRP futures trading on June 13, extending its always-on market access beyond bitcoin and Ethereum. The contracts, sized at 10,000 XRP each, mirror the exchange’s existing crypto derivatives offerings for U.S. traders.
Ault Capital Group is building an enterprise-grade XRP lending platform targeting NYSE and Nasdaq-listed companies, backed by $10 million in initial capital. The service, slated for Q3 2025 launch, signals growing institutional infrastructure around Ripple’s native token.
XRP’s price action shows resilience at $2.15 after rebounding from monthly lows, with technical indicators suggesting bullish momentum above the $2 support level. The developments coincide with Ripple CEO Brad Garlinghouse’s call for Bitcoin-XRP community collaboration during the XRP Las Vegas conference.
XRP Tests Key Support Amid Institutional Developments
XRP hovers at $2.17, marking a 1.2% daily decline and 6% weekly drop as trading volume contracts by 37%. The token’s narrow $2.11-$2.35 range reflects market indecision, with technical indicators pointing toward a potential $2.05 support test.
Coinbase Institutional prepares to launch 24/7 XRP futures access for U.S. investors starting June 13, building on its April introduction of CFTC-regulated contracts. Meanwhile, Ault Capital Group’s planned $10 million XRP acquisition signals growing institutional interest for lending platforms.
Derivatives markets echo the spot market’s caution, with XRP futures volume plunging 37.85% to $2.97 billion and open interest dipping 3.39%. The cooling activity contrasts with structural developments suggesting long-term confidence in the asset’s infrastructure.
Coinbase Expands 24/7 Futures to Solana, XRP, and Cardano Amid Rising Altcoin Demand
Coinbase is set to launch round-the-clock futures trading for Solana (SOL), XRP, and Cardano (ADA) starting June 13, marking a strategic pivot to meet growing retail and institutional demand for altcoin derivatives. The move extends the platform’s 24/7 futures offerings beyond Bitcoin and Ethereum, aligning with the non-stop nature of crypto markets.
XRP contracts will be sized at 10,000 tokens with a 10% hourly price cap, while ADA contracts offer 1,000-token increments for granular position sizing. Early metrics show strong traction, with solana futures already exceeding 23,000 contracts traded. The expansion delivers CFTC-regulated derivatives access as regulatory clarity gradually emerges.
BlackRock Bitcoin Transfer Sparks Speculation Amid Unconfirmed Sell-Off Rumors
Rumors of BlackRock offloading $429 million in Bitcoin have circulated across crypto communities, fueled by a recent transfer of 4,113 BTC to Coinbase Prime. Blockchain data confirms the movement, but no evidence of an actual sale has emerged. Market reaction remains muted, with Bitcoin’s price and liquidity showing no significant disruption.
The transaction’s LINK to wallets associated with BlackRock’s iShares Bitcoin Trust intensified speculation, given Coinbase Prime’s role as a hub for institutional trading. Yet, the absence of volatility spikes or liquidity shocks suggests the transfer may serve custodial or operational purposes rather than a sell-off.
Meanwhile, IBIT’s declining 90-day rolling volatility signals growing institutional interest in Bitcoin as ’digital gold,’ contrasting with the tech-stock-like turbulence of earlier cycles. Eric Balchunas notes the trend reflects broader adoption by risk-averse capital.
