{"id":127641,"date":"2025-04-21T22:19:52","date_gmt":"2025-04-21T22:19:52","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127641"},"modified":"2025-04-21T22:19:52","modified_gmt":"2025-04-21T22:19:52","slug":"coinbase-derivatives-lists-xrp-futures","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127641","title":{"rendered":"Coinbase Derivatives lists XRP futures"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCoinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21.<br \/>\nThe contracts are overseen by the US Commodity Futures Trading Commission (CFTC) and offer traders \u201ca regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,\u201d the company said in a post on the X platform.<br \/>\nCoinbase\u2019s XRP (XRP) futures include standard contracts representing 10,000 XRP and retail-oriented \u201cnano\u201d contracts representing 500 XRP each, or approximately $1,000 as of April 21, according to regulatory filings.\u00a0\u00a0<br \/>\nThe contracts are the latest crypto futures to launch on Coinbase\u2019s derivatives exchange, which also features Solana (SOL) and Hedera (HBAR) futures contracts, both added in February.\u00a0<br \/>\nSource: CoinbaseRelated: Coinbase in talks to buy derivatives exchange Deribit: Report<br \/>\nBurgeoning market segment<br \/>\nSince 2024, US exchanges \u2014 including Coinbase, Robinhood and Chicago Mercantile Exchange \u2014 have been expanding crypto futures offerings in response to strong demand from retail and institutional investors.\u00a0<br \/>\nFutures contracts are standardized agreements to buy or sell an underlying asset at a future date. They are popular for hedging and speculation because they let traders take long and short positions, often with leverage.\u00a0<br \/>\nCoinbase lists derivatives tied to some 92 different assets on its international exchange and approximately two dozen in the US, according to its website.\u00a0<br \/>\nIts US-traded products include contracts tied to memecoins, such as Dogecoin (DOGE), and commodities, such as oil and gold.\u00a0<br \/>\nCoinbase&#8217;s stock performance vs. the S&amp;P 500. Source: JPMorganIn December, Coinbase said derivatives trading volumes soared roughly 10,950% in 2024.\u00a0The exchange is reportedly in talks to buy Deribit in a bid to expand its derivatives footprint.<br \/>\nCoinbase launched its US derivatives exchange in 2022, bringing cryptocurrency futures \u2014 including retail-oriented \u201cnano\u201d contracts \u2014 to tens of millions of US users.<br \/>\nLaunched in 2012, XRP Ledger is among the oldest blockchain networks and specializes in payments and decentralized finance (DeFi) applications for institutions.\u00a0<br \/>\nAs of April 21, XRP\u2019s market capitalization stands at approximately $120 billion, according to CoinMarketCap.\u00a0<br \/>\nIn March, the US Securities and Exchange Commission (SEC) dropped a years-long lawsuit against XRP Ledger\u2019s developer, Ripple, for alleged securities law violations.<br \/>\nMagazine:\u00a0Crypto \u2018more taboo than OnlyFans,\u2019 says Violetta Zironi, who sold song for 1 BTC<a href=\"https:\/\/cointelegraph.com\/news\/coinbase-lists-cftc-regulated-xrp-futures?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCoinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127641"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127641"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127641\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127641"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}