Coinbase has launched regulated futures for XRP, including a standard contract and a retail-focused nano contract, both cash-settled in USD. This move enhances institutional access and follows a favourable regulatory environment, following the SEC’s decision on Ripple’s case. Ripple has acquired prime brokerage Hidden Road, further strengthening XRP’s institutional adoption. Current predictions suggest a significant rise in XRP’s value by 2028.
Coinbase has launched regulated futures for XRP, enhancing institutional access to cryptocurrency in US markets. This development comes as Coinbase Institutional announced on the social media platform X that its subsidiary, Coinbase Derivatives LLC, has received approval from the CFTC to offer these products, marking a significant achievement in regulation and compliance.
The launched futures include two types: a standard contract for 10,000 XRP and a retail-focused nano contract for 500 XRP, approximately valued at $1,000 based on the current market price. Both contracts are cash-settled in USD and are designed to facilitate capital-efficient trading for institutional and retail users, aimed at improving market liquidity and risk management.
This launch aligns with increasing regulatory clarity in the crypto sector, especially after the SEC dropped its appeal in the Ripple case following a $50 million settlement. This development has bolstered investor confidence in XRP, which now has gained a foothold enhanced by the introduction of Teucrium’s 2x leveraged XRP ETF.
Ripple has further solidified its position in the financial market by acquiring prime brokerage Hidden Road, which manages over $10 billion in daily liquidity. This acquisition underpins XRP’s potential role in cross-asset settlements, as stated by Ripple’s CTO David Schwartz.
Ripple CEO Brad Garlinghouse anticipates a brighter future for XRP, expecting ETF approvals to become a reality amid a more favourable regulatory climate. Standard Chartered has made a bullish prediction, forecasting that XRP could experience a 500% increase in value by 2028, possibly outpacing ethereum in the process.
