Coinbase在獲得CFTC監管批准後啟動XRP期貨合約

Coinbase是美國最大的加密交易所，獲得了CFTC（商品期貨交易委員會）的監管批准，以通過其衍生工具部門啟動XRP期貨合約。

Coinbase, the largest US-based crypto exchange, has received regulatory approval from the Commodity Futures Trading Commission (CFTC) to launch XRP futures.

Coinbase是美國最大的加密交易所，已獲得商品期貨交易委員會（CFTC）的監管機構批准，以啟動XRP期貨。

Coinbase announced its intention to bring regulated XRP futures to market earlier in the month, filing for the offering with the CFTC. The US-based exchange filed to self-certify the product.

Coinbase宣布打算在本月初將受監管的XRP期貨帶入市場，並向CFTC申請。美國的交易所提出了自我認證。

“We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify XRP futures—bringing a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,” Coinbase stated in an earlier announcement.

Coinbase在較早的公告中說：“我們很高興地宣布，Coinbase衍生工具已向CFTC提出了自我認證的XRP期貨，這是一種受監管的，有效的資本效率方法，以獲取最流動的數字資產之一。”

The firm anticipated the contract going live on Saturday, April 21. During the late hours of the US session on Monday, Coinbase confirmed in a follow-up post that the product was live.

該公司預計該合同將於4月21日星期六進行。在周一的美國會議上，Coinbase在後續帖子中證實，該產品已直播。

“Coinbase Derivatives, LLC now offers CFTC-regulated futures for XRP,” the exchange stated.

交易所表示：“ Coinbase Verivatives，LLC現在為XRP提供CFTC調節的期貨。”

This approval suggests a timely endorsement by the CFTC, potentially opening the door to broader crypto derivatives activity in the US.

該批准表明，CFTC及時認可，有可能打開美國更廣泛的加密衍生品活動的大門。

Earlier this month, the agency pivoted toward easing entry into the crypto derivatives sector. The CFTC rolled back several regulatory hurdles that had previously deterred traditional and crypto-native firms.

本月早些時候，該機構朝著放鬆加密衍生品領域的重點。 CFTC撤回了幾個以前阻止傳統和加密本地公司的監管障礙。

“As stated in today’s withdrawal letter, DCR [Division of Clearing and Risk] determined to withdraw the advisory to ensure that it does not suggest that its regulatory treatment of digital asset derivatives will vary from its treatment of other products,” the CFTC explained.

CFTC解釋說：“正如今天的撤回信中所述，DCR（清算和風險的劃分）決定撤回該諮​​詢，以確保其不建議其對數字資產衍生品的監管處理將因其對其他產品的處理而有所不同。”

The changes simplify registration requirements and lower operational barriers for launching crypto derivatives products.

這些更改簡化了註冊要求和較低的操作障礙，以推出加密衍生產品產品。

With XRP historically maintaining high liquidity and a global user base, it stands as a strong candidate for derivatives trading, especially in a newly liberalized environment.

由於XRP歷史上保持高流動性和全球用戶群，它是衍生品交易的有力候選人，尤其是在新自由化的環境中。

Unlike more volatile mid-cap tokens, XRP boasts a combination of legal clarity following the Ripple lawsuit outcome, broad exchange availability, and a sizable market cap—elements attractive to institutional traders seeking capital-efficient exposure.

與更加動蕩的中型代幣代幣不同，XRP在連鎖訴訟結果，廣泛的交換可用性和相當大的市值之後，具有法律清晰度的結合，這對尋求資本效率敞口的機構交易者有吸引力。

Moreover, recent on-chain data showcases a sharp uptick in XRP network activity, further bolstering the case for futures. Data from on-chain analytics firm Glassnode shows that XRP active addresses surged by 67.5% between April 19 and 20, ahead of Coinbase Derivatives’ XRP futures debut, climbing from 27,352 to 40,366.

此外，最近的鍊鍊數據顯示了XRP網絡活動的急劇上升，進一步加強了期貨的案例。來自鏈分析公司玻璃節的數據表明，在4月19日至20日之間，XRP Active地址飆升了67.5％，緊隨Coinbase衍生產品的XRP期貨首次亮相，從27,352升至40,366。

The spike suggests growing engagement from retail and institutional participants, possibly in anticipation of expanded market access through derivatives.

尖峰表明，零售和機構參與者的參與度不斷提高，這可能會預期通過衍生品擴展的市場獲取。

Still, market sentiment around XRP remains mixed. Despite the regulatory milestone, XRP’s spot price has declined 1.26% in the past 24 hours, according to industry data aggregator CoinGecko. This decline suggests that while futures listings can enhance liquidity and price discovery over time, short-term price action often diverges from structural developments.

儘管如此，XRP周圍的市場情緒仍然混亂。根據行業數據聚合商Coingecko的數據，儘管有監管里程碑，但XRP的現貨價格在過去24小時內下跌了1.26％。這種下降表明，儘管期貨上市可以隨著時間的流逝增強流動性和價格發現，但短期價格行動通常與結構性發展相差。