What are XRP futures and how to invest in them?
Coinbase Derivatives has launched XRP futures contracts on its US derivatives exchange, expanding access to futures trading for investors. XRP futures are standardized contracts allowing the buying or selling of XRP at a predetermined price on a future date, overseen by the US Commodity Futures Trading Commission (CFTC). The contracts were self-certified on April 3, 2025, and launched on April 21, 2025. Coinbase offers both Nano and Standard XRP futures, which are cash-settled in USD based on price differences at contract closure. Futures trading is suited for active traders seeking leveraged exposure, while spot buying may appeal to long-term holders. Oregon's Attorney General has sued Coinbase for allegedly offering unregistered securities, including XRP, as part of a broader regulatory effort. The lawsuit follows Ripple Labs' settlement with the SEC over its legal dispute. Futures trading carries significant risks, and new traders are advised to start with demo accounts or nano contracts to minimize exposure.