These are not the first regulated XRP futures in the US
CFTC-regulated futures that are tied to the Ripple-linked XRP token have now gone live on the Coinbase exchange, according to a Monday announcement.
As reported by U.Today, Coinbase Institutional originally filed for XRP futures trading with the CFTC earlier this month.
This came after Bitnomial made a trailblazing move with the very first XRP futures earlier this month.
Regulated cryptocurrency futures are considered to be a major stepping stone toward the eventual launch of a spot ETF in the U.S.
XRP is currently in the red despite the bullish development, according to CoinGecko data.
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