News View Non-AMP

Big News: Coinbase Files for XRP Futures, Spot ETF Approval Soon?

Published by
Anjali Belgaumkar

Coinbase Institutional has announced that Coinbase Derivatives has officially filed with the Commodity Futures Trading Commission (CFTC) to self-certify XRP futures. This move aims to offer a regulated, capital-efficient way for investors to gain exposure to XRP, one of the most liquid digital assets in the market. The XRP futures contracts are expected to go live on April 21, 2025, with more details on launch timelines and availability expected soon.

While futures contracts are often associated with hedging or short-selling, this development carries broader implications, particularly for the approval of spot exchange-traded funds (ETFs) for XRP. The SEC’s approval of Bitcoin and Ethereum spot ETFs was largely influenced by the existence of regulated futures markets, and the introduction of XRP futures could pave the way for similar approval.

XRP ETFs Attract Interest

Several major XRP ETF filings, including those from Bitwise, 21Shares Core XRP Trust, Canary, ProShares, and Franklin Templeton, are adding to the excitement. They show increasing interest from institutional investors and a growing demand for regulated crypto investment options.

Additionally, Grayscale’s recent filing to convert its large-cap fund into an ETF reflects a trend toward basket ETFs, which are expected to drive major investor inflows.

The latest developments in the Ripple ecosystem come after the long-running legal battle between Ripple and the SEC ended. The XRP community had been waiting for legal clarity after four challenging years. CEO Brad Garlinghouse recently announced that the SEC has decided to drop its appeal in the case, but an official statement from the SEC is still awaited.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Why Pi Coin Price is Down Today?

Pi Network Latest News: Pi Coin price is facing volatility ahead of the most awaited…

June 27, 2025

Why Is XRP Price Down Today?

Crypto prices today are largely moving sideways, with several altcoins slipping into the red. Among…

June 27, 2025

The AI Crypto Presale Game Studios Are Dreading Drops This Week

After a turbulent few years, traditional game studios are now facing yet another existential challenge. …

June 27, 2025

U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott

After months of debate, the U.S. crypto regulation bill is now expected to be finalized…

June 27, 2025

Dogecoin Price Prediction as Bitwise Amends S-1 Filings for Spot Dogecoin ETF

Dogecoin just took an important step toward getting its own spot ETF. Bitwise, one of…

June 27, 2025

The 2025 Bull Run is Here: The Best Meme Coin to Invest In? Top 5 Picks

Bitcoin blasting past $100,000 lit a fire under the whole crypto market. It was a…

June 27, 2025