Coinbase Files for XRP Futures Contracts with CFTC Approval Expected

Coinbase Derivatives has filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch XRP futures contracts, marking a significant move in cryptocurrency market regulation. The application indicates a desire to offer a regulated method for investors to gain exposure to XRP, the fourth-largest digital asset by market cap. This debut is anticipated to take place on April 21, 2025 and will be available in monthly, cash-settled format with margining requirements. Each contract represents 10,000 XRP, valued at approximately $20,000 based on XRP’s current price.