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XRP Surges as Coinbase Eyes Futures

Coinbase Seeks CFTC Approval for XRP Futures Contract

  • Coinbase Derivatives has filed with the CFTC to launch an XRP futures contract.

  • If approved, trading could commence as early as April 21, 2025.

  • The proposal includes a self-certification process for the product.

  • This move may enhance institutional participation and legitimacy for XRP.

  • Ripple recently settled a legal battle with the SEC over XRP’s classification.

Coinbase Derivatives’ filing with the CFTC aims to introduce an XRP futures contract, potentially starting on April 21, 2025, following Ripple’s settlement with the SEC.

Source (2.6.1)https://cryptoslate.com/xrp-outperforms-market-as-coinbase-seeks-cftc-approval-for-futures-trading/?rand=24433
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