Coinbase's institutional branch files an application for futures trading of XRP with the Commodity Futures Trading Commission (CFTC)
Holler at the Trading Scene
Ready for some exciting news? Coinbase Institutional is prepping to dive headfirst into XRP futures!
Wanna know more? here are the juicy deets.
XRP Futures Showdown
On June 13, 2025, Coinbase Institutional will be serving up regulated XRP futures, opened for 24/7 trading alongside Solana (SOL) futures. [3][4][5] This announcement comes hot on the heels of Chicago-based Bitnomial launching the U.S's first CFTC-regulated XRP futures in March.
Factsheet
Mark your calendars - the launch date for these XRP futures contracts? You guessed it! June 13, 2025. The contracts will be cash-settled, priced in US dollars, and track XRP prices. Each contract represents an astounding 10,000 XRP tokens, currently worth a whopping $20,000. [1] The trading structure includes current and future months contracts, with trading pauses in effect if spot XRP prices wiggle more than 10% within an hour.
Market's Take
But what about the market sentiment, you ask? Well, things are looking a little bearish for XRP at the moment. In late March, the XRP derivative funding rates saw a shift, flipping negative. This nifty tidbit indicates increased bearish sentiment among traders. [2]
XRP's Legal Baggage
XRP's legal dramas are a tale as old as time...or at least 2020 when the U.S SEC initiated a lawsuit against Ripple Labs. Allegedly, XRP was an unregistered security. After four long years of legal battles, Ripple CEO, Brad Garlinghouse, recently declared that the SEC withdrew its appeal against the company. As part of the settlement, Ripple agreed to pay a reduced fine of $50 million. Could this resolution lead to the approval of XRP spot ETFs? Some think so! [6]\
Several fund managers have already lodged applications for XRP ETFs with the SEC. ProShares, Volatility Shares, and major financial institutions like BlackRock and Fidelity might even consider hopping on the XRP ETF bandwagon.
Chain Reaction
A word of caution! The value or size of each XRP futures contract isn't explicitly detailed in the available information. Check Coinbase or other financial sources for specific details when the contracts go live.
And that's a wrap – brace yourself for June 13 when global traders can gain exposure to XRP price movements without owning the asset itself. [1] A new era of trading begins!
Investing in the world of finance and technology is about to get more exciting with Coinbase Institutional introducing regulated XRP futures on June 13, 2025. These futures, priced in US dollars and track XRP prices, represent a significant opportunity for investors to gain exposure to cryptocurrency markets without owning the underlying asset.
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