Coinbase files application with CFTC for XRP futures

Traders Union
All News
Crypto News
Coinbase files application with CFTC for XRP futures

Key takeaways

- Coinbase’s XRP Futures Go Live April 21: The new product is self-certified with the CFTC and signals growing regulatory clarity for crypto derivatives.

- Contract Specs: Each futures contract equals 10,000 XRP, is margined and cash-settled in USD, and includes volatility safeguards.

- Support From Market Participants: Coinbase has consulted with Futures Commission Merchants and market stakeholders, all reportedly in favor of the launch.

- Regulatory Winds Shifting: The filing comes amid softened CFTC rules and could boost confidence in XRP’s status, with potential implications for an eventual XRP ETF.

A new era for regulated crypto exposure

Each monthly cash-settled futures contract will represent 10,000 XRP and be settled in U.S. dollars. The product includes risk controls such as an automatic trading halt if XRP’s spot price moves more than 10% within an hour. The contracts will be available for the current and two subsequent months, providing continuity for active derivatives traders.The filing arrives at a pivotal time.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

In the wake of Ripple’s partial legal victory over the U.S. Securities and Exchange Commission (SEC) and the CFTC’s softened stance on digital asset regulation, Coinbase’s move reflects a broader thaw in the U.S. regulatory environment. Legal expert John Deaton also revisited the lengthy regulatory battle XRP faced, emphasizing the contrast between past enforcement actions and today’s more constructive engagement.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

RLUSD has been integrated into Ripple's strong payment systems. At the time of writing, XRP is trading at $2.05.

XRP price dynamics (March 2025 - April 2025) Source: TradingView.

While Coinbase is not the first to list regulated XRP futures—Chicago-based Bitnomial beat it to the market in March—this filing underscores a deepening confidence in XRP’s legitimacy. The move could even lay groundwork for more ambitious products, such as an XRP exchange-traded fund (ETF), depending on future SEC rulings.

Coinbase’s launch of XRP futures marks not only a strategic product expansion but also a symbolic moment in crypto’s regulatory journey. As institutional interest continues to grow, and as regulatory clarity emerges, futures contracts like these could pave the way for broader market participation in digital assets like XRP.

We also reported earlier that XRP price struggles below $2.05 as bearish trend holds amid weakening momentum.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.