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2025-04-03 21:32:28

Coinbase Institutional Has Big News for XRP Holders

Coinbase Institutional has announced that its subsidiary, Coinbase Derivatives, has filed with the U.S. Commodity Futures Trading Commission (CFTC) to self-certify futures contracts for XRP. The company stated that this move would introduce a regulated and capital-efficient way for investors to gain exposure to XRP, which is recognized as one of the most liquid digital assets in the cryptocurrency market. The exchange revealed that the XRP futures contract will go live on April 21, 2025. Coinbase Institutional also indicated that further details regarding launch timelines and availability would be shared in the future. We're excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures – bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets. We anticipate the contract going live on April 21, 2025. Stay tuned… pic.twitter.com/nKUPjjnMKW — Coinbase Institutional (@CoinbaseInsto) April 3, 2025 Regulatory Approval and Market Impact Self-certification with the CFTC allows Coinbase Derivatives to introduce XRP futures without requiring direct approval from the agency, provided that the contract complies with regulatory guidelines. This process is commonly used by U.S.-regulated exchanges when launching new futures products. The introduction of XRP futures on a regulated platform could offer institutional and retail investors an opportunity to trade the asset in a structured derivatives market. Futures contracts are often used for hedging and speculation, and their availability on Coinbase Derivatives may contribute to increased trading volume and liquidity for XRP. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Community Reaction to Terminology in the Announcement While the announcement was received with interest, some market participants criticized Coinbase Institutional for referring to the futures contract as “Ripple futures” in their deleted post. XRP holders and cryptocurrency community members have long emphasized that Ripple is the name of the company while XRP is the digital asset. An X user named Adam commented under the deleted post, pointing out the distinction. He stated that Coinbase Institutional should know that Ripple and XRP are separate entities, emphasizing that the company is not listing “Ripple futures.” He suggested that Coinbase correct the terminology to reflect proper industry knowledge. The distinction between Ripple and XRP has been discussed in the cryptocurrency industry for years. Ripple is a fintech company that utilizes XRP in some of its payment solutions, but the asset operates independently and is used by various market participants beyond Ripple. Future Prospects for XRP Futures on Coinbase Derivatives The anticipated launch of XRP futures on Coinbase Derivatives marks a significant development for XRP holders and traders seeking regulated derivatives options in the United States. If the contract proceeds as expected, it could provide market participants with new trading opportunities while enhancing the overall accessibility of XRP in regulated financial markets. Coinbase Institutional has indicated that additional information will be provided as the launch date approaches. Market participants will watch closely for updates on contract specifications and trading conditions. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Coinbase Institutional Has Big News for XRP Holders appeared first on Times Tabloid .

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