Coinbase Launches 24/7 Futures Trading for XRP, ADA, SOL
- Lyla Velez
- June 1, 2025
Key Points:
- Coinbase launches U.S. CFTC-regulated 24/7 futures trading for XRP.
- Enhanced market liquidity for XRP, ADA, SOL.
- Increased institutional interest in altcoin futures.
Key Takeaways:
This move extends Coinbase’s offerings, enhancing trader flexibility and potentially boosting liquidity in regulated altcoin futures markets.
Further Details
Coinbase Institutional is expanding its cryptocurrency offerings with the introduction of 24/7 futures trading for XRP, Solana, and Cardano. This marks an important step for Coinbase as the first U.S. CFTC-regulated exchange to offer these futures.
Daily trading volumes for XRP and Solana futures are reported at approximately $3.3 billion, highlighting the potential market impact. The move is anticipated to attract increased institutional interest and bridge trading gaps between U.S. and global markets.
The 24/7 trading schedule is designed to provide traders with enhanced tools for managing positions efficiently. Industry observers note this could provide more agile responses to global events and improve market efficiency.
Industry Perspective
CME Group’s XRP futures, launched previously, are cash-settled, underscoring the significance of futures in crypto trading. Historical trends indicate a substantial growth in derivatives trading, suggesting this expansion could foster new regulatory and technological pathways.
Coinbase will become the first U.S. CFTC-regulated exchange to offer round-the-clock trading for XRP, Solana, and Cardano. This marks a significant development in the cryptocurrency trading landscape and indicates expanding institutional interest in these assets. – Source
By expanding futures trading, Coinbase is fostering an environment where increased institutional participation is likely, fueling both innovation and regulatory dialogue within the cryptocurrency sector.
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