Key dealers
- Coinbase launched XRP and Nano XRP Futures contracts, each decided in US dollars and trade available from Sunday to Friday.
- The extension of Coinbase Derivatives’ offers comes in the midst of a growing institutional interest in Altcoin -derivatives.
Coinbase has officially rolled out two XRP futures agreements on its derivative exchange and offers market operators new tools to manage risk and get exposure to the price of the fourth largest crypto asset, says the company in a Monday message.
Coinbase derivative, LLC now offers CFTC-regulated futures for $ XRP. https://t.co/omsnu0aeoc
– Coinbase Institutional 🛡 (@Coinbaseinsto) April 21, 2025
The recently launched XRP futures are available in two sizes. The Nano XRP Futures product, tailored for smaller participants, represents 500 XRP per contract and determines in US dollars. It is aimed at retailers and smaller institutions that seek lower capital requirements while maintaining exposure to XRP price movements.
The XRP Futures product represents 10,000 XRP per contract, also cash built in USD. This version is designed for large institutions and active traders.
The new offers help to expand Coinbase Derivative’s product lineup, which already contains over 20 future contracts on assets such as Bitcoin, Ether, Dogecoin, Stellar, Chainlink and Solana, to name a few.
Coin derivatives announced Planning to launch the two XRP futures products earlier this month after revealing CFTC-regulated Cardano (ADA) and natural gas (NGS) Futures contracts. These launches are part of the stock exchange strategy to give investors more regulated crypto and traditional futures trade options.
Before Coinbase, Bitnomial was the first to introduce CFTC-regulated XRP futures in the United States.
The development comes after the latest legal development involving Ripple Labs, XRP’s developer. Last month, Ripple CEO Brad Garlinghouse announced Sec’s withdrawal of its appeal against the company.
The move will also come at a time when several fund managers, such as Bitwise, Canary Capital, 21Shares and Franklin Templeton, have submitted to Sec for XRP-related investment products.
XRP traded to approximately 2.1 $ at press time, an increase of about 3% over the past 24 hours for coytecko. The digital asset is known for its ability to facilitate fast, cheap cross -border payments.
