XRP Futures Set to Launch on Coinbase in April 2025 Amid Legal Clarity
In a significant development for the cryptocurrency market, Coinbase Derivatives has announced plans to launch XRP futures contracts in April 2025, following the reaffirmation of XRP’s non-security status.
Coinbase Files to Launch XRP Futures in April 2025
Coinbase Derivatives has filed with the U.S. CFTC to self-certify XRP futures contracts, targeting a launch date of April 21, 2025. This milestone comes after XRP’s non-security status was reaffirmed through key legal milestones. The announcement promotes a capital-effective and regulated avenue for access to one of the most liquid digital assets currently in the marketplace. This news is significant given Ripple’s legal dispute with the SEC.
Ripple Lawsuit Ends: Coinbase to Offer XRP Futures
Coinbase Derivatives has filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures, offering investors a regulated, capital-efficient way to trade XRP. The futures contracts are expected to go live on April 21, 2025. This announcement follows the end of a long legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Pro-XRP lawyer John Deaton revisited key events in the legal timeline, highlighting the ups and downs XRP has faced in the regulatory landscape.
Coinbase Institutional to Offer XRP Futures
U.S. crypto giant Coinbase Institutional has submitted a filing to the Commodity Futures Trading Commission (CFTC) to launch futures contracts tied to Ripple’s closely related XRP token. The futures, expected to go live on April 21, 2025, will operate as a monthly, cash-settled, margined contract trading under the ticker XRL. Each contract mirrors XRP’s price, settled in USD, and represents 10,000 XRP, roughly $20,000 at the current $2 per token valuation. This move brings a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets.
Coinbase Files for XRP Futures Launch in April
Coinbase plans to introduce futures contracts for Ripple’s XRP token and has filed with the US Commodity Futures Trading Commission for approval. The April 3 filing outlines a new cash-settled monthly contract set to launch on April 21, pending regulatory approval. Each contract, trading under the symbol XRL, will represent 10,000 XRP, roughly $20,000 at current market prices. The move was announced by Coinbase Institutional, tailored for professional and institutional traders.