Coinbase Debuts XRP Futures

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Coinbase has launched XRP futures on its US derivatives exchange, providing traders with a CFTC-approved option to go long or short on one of the oldest crypto tokens.

According to a regulatory filing, the contracts became active on April 21. The company describes this as a “capital-efficient” entry into one of the market’s most liquid assets:

“We’re thrilled to announce that Coinbase Derivatives has filed with the CFTC to self-certify $XRP futures, offering a regulated, capital-efficient way to access one of the most liquid digital assets.”

Currently, XRP hasn’t responded positively to the news.

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