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Coinbase Launches CFTC-Regulated XRP Futures for US Traders

  • Coinbase has launched CFTC-regulated XRP futures, allowing US traders to gain leveraged exposure to XRP.
  • XRP open interest has increased by 3% to $3.18B, indicating renewed capital inflows and potential institutional interest.
  • The launch provides traders with a CFTC-approved way to go long or short on XRP, one of the oldest cryptocurrencies.
  • The move comes after the SEC dropped its case against Ripple Labs, removing regulatory uncertainty around XRP.

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